NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) Stock Short Interest Report for September

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 1,639 shares, an increase of 86.0% from the September 15th total of 881 shares. Based on an average daily volume of 1,631 shares, the short-interest ratio is currently 1.0 days.

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

NASDAQ NEWTI traded up $0.23 on Friday, hitting $25.16. 319 shares of the stock traded hands, compared to its average volume of 2,437. The business’s fifty day moving average is $25.26 and its two-hundred day moving average is $25.31. NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 has a 12 month low of $24.35 and a 12 month high of $25.70.

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

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 31st were paid a $0.50 dividend. The ex-dividend date was Monday, August 31st. This represents a $2.00 annualized dividend and a dividend yield of 8.0%.

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

NewtekOne, Inc is a financial holding company focused on providing banking and business services to small and medium-sized businesses in the United States. Its primary banking subsidiary, Newtek Bank, N.A., offers business deposit accounts, commercial lending, Small Business Administration lending and other financial solutions.

Through Newtek Bank and affiliated businesses, the company also provides payment processing, electronic payment services, payroll solutions, managed technology services, business insurance and equipment financing.