NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) Short Interest Down 65.6% in January

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTIGet Free Report) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 392 shares, a decline of 65.6% from the December 31st total of 1,140 shares. Based on an average daily trading volume, of 1,004 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 1,004 shares, the days-to-cover ratio is presently 0.4 days.

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 Stock Up 0.0%

NASDAQ:NEWTI traded up $0.01 on Thursday, reaching $25.37. 635 shares of the company’s stock were exchanged, compared to its average volume of 1,061. NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 has a 52-week low of $23.90 and a 52-week high of $25.82. The business has a fifty day moving average of $25.20 and a 200-day moving average of $25.14.

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

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Saturday, November 15th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date was Friday, November 14th.

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

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The NewtekOne, Inc 8.00% Fixed Rate Senior Notes due 2028 are senior unsecured debt obligations issued by NewtekOne, Inc (NASDAQ:NEWTI). The notes bear a fixed annual interest rate of 8.00%, payable semi-annually, and mature in 2028. As senior unsecured obligations, they rank pari passu with all other existing and future senior unsecured indebtedness of NewtekOne, Inc and rank ahead of any subordinated debt in the company’s capital structure.

NewtekOne, Inc is the holding company for Newtek, a publicly traded business development company that provides a diversified suite of financial and business services to small and medium-sized enterprises across the United States.

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