NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) Sees Significant Decline in Short Interest

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) saw a large decline in short interest in March. As of March 31st, there was short interest totalling 400 shares, a decline of 60.0% from the March 15th total of 1,000 shares. Based on an average daily volume of 2,500 shares, the short-interest ratio is presently 0.2 days.

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 Price Performance

Shares of NASDAQ NEWTI traded down $0.37 during midday trading on Thursday, hitting $24.51. 454 shares of the stock traded hands, compared to its average volume of 3,722. NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 has a one year low of $23.90 and a one year high of $26.57. The firm has a 50-day moving average of $24.96 and a two-hundred day moving average of $25.16.

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Saturday, February 15th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.16%.

About NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028

newtek business services corp. has been in business since 1998, servicing over 100,000 business accounts in all 50 states. newtek aims to provide real-time, state-of-the-art content and business services in order to become the definitive destination for business owners across the united states. we are: a credible business partner with over $100 million of stockholders equity, over $160 million in revenues and over 100,000 business accounts we have operated as a publicly traded company for over eleven years, currently under sarbanes-oxley regulation all of our corporate data, as well as your company data, is stored in our military-strength facility in arizona, which is both sas-70 type ii and pci compliant we have fully transparent financial statements which can be found online in our investor relations section, http://investor.newtekbusinessservices.com.