SWK Holdings Co. (NASDAQ:SWKH) Short Interest Update

SWK Holdings Co. (NASDAQ:SWKH - Get Free Report) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 58,000 shares, an increase of 20.8% from the March 31st total of 48,000 shares. Based on an average daily volume of 14,500 shares, the short-interest ratio is presently 4.0 days. Approximately 0.5% of the shares of the stock are short sold.

Institutional Investors Weigh In On SWK

Several institutional investors have recently modified their holdings of SWKH. Rhumbline Advisers raised its holdings in shares of SWK by 13.3% in the first quarter. Rhumbline Advisers now owns 5,690 shares of the company's stock worth $99,000 after buying an additional 666 shares during the period. Renaissance Technologies LLC grew its stake in SWK by 3.7% in the fourth quarter. Renaissance Technologies LLC now owns 28,883 shares of the company's stock worth $458,000 after purchasing an additional 1,036 shares in the last quarter. Grace & White Inc. NY increased its holdings in SWK by 11.1% during the 4th quarter. Grace & White Inc. NY now owns 18,721 shares of the company's stock worth $297,000 after purchasing an additional 1,871 shares during the period. State of Wyoming raised its position in SWK by 42.5% during the 4th quarter. State of Wyoming now owns 7,374 shares of the company's stock valued at $117,000 after purchasing an additional 2,200 shares in the last quarter. Finally, Barclays PLC lifted its holdings in shares of SWK by 185.0% in the 3rd quarter. Barclays PLC now owns 4,461 shares of the company's stock worth $77,000 after buying an additional 2,896 shares during the period. 99.27% of the stock is owned by institutional investors.

SWK Price Performance

Shares of SWKH stock traded down $0.32 during trading hours on Thursday, hitting $13.46. The stock had a trading volume of 22,919 shares, compared to its average volume of 12,676. The stock's 50-day moving average price is $16.45 and its two-hundred day moving average price is $16.40. SWK has a one year low of $13.17 and a one year high of $20.49. The stock has a market capitalization of $165.15 million, a price-to-earnings ratio of 14.47 and a beta of 0.21. The company has a debt-to-equity ratio of 0.11, a current ratio of 5.06 and a quick ratio of 5.06.

SWK (NASDAQ:SWKH - Get Free Report) last posted its earnings results on Wednesday, March 19th. The company reported $0.54 earnings per share for the quarter, missing analysts' consensus estimates of $0.94 by ($0.40). SWK had a net margin of 26.51% and a return on equity of 5.07%. The business had revenue of $12.36 million during the quarter, compared to analysts' expectations of $9.70 million.

SWK Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 24th will be paid a dividend of $4.00 per share. The ex-dividend date of this dividend is Thursday, April 24th.

About SWK

SWK Holdings Corporation, offers specialty finance and asset management services in the United States. It operates in two segments, Finance Receivables and Pharmaceutical Development. The Finance Receivables segment provides customized financing solutions to a range of life science companies, including companies in the biotechnology, medical device, medical diagnostics and related tools, animal health, and pharmaceutical industries, as well as institutions and inventors.