SWK Holdings Co. (NASDAQ:SWKH) Sees Large Growth in Short Interest

SWK Holdings Co. (NASDAQ:SWKH - Get Free Report) was the recipient of a significant increase in short interest during the month of 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 trading volume, of 14,500 shares, the short-interest ratio is presently 4.0 days. Currently, 0.5% of the shares of the stock are short sold.

Institutional Trading of SWK

A number of institutional investors have recently bought and sold shares of SWKH. M3F Inc. increased its position in shares of SWK by 2.5% in the 4th quarter. M3F Inc. now owns 800,151 shares of the company's stock valued at $12,690,000 after acquiring an additional 19,279 shares during the period. Barclays PLC grew its position in SWK by 185.0% during the 3rd quarter. Barclays PLC now owns 4,461 shares of the company's stock worth $77,000 after purchasing an additional 2,896 shares during the period. JPMorgan Chase & Co. raised its position in SWK by 224.4% during the third quarter. JPMorgan Chase & Co. now owns 6,108 shares of the company's stock valued at $106,000 after acquiring an additional 4,225 shares in the last quarter. Rangeley Capital LLC acquired a new position in shares of SWK in the fourth quarter worth about $692,000. Finally, Grace & White Inc. NY increased its position in shares of SWK by 11.1% in the fourth quarter. Grace & White Inc. NY now owns 18,721 shares of the company's stock valued at $297,000 after buying an additional 1,871 shares in the last quarter. 99.27% of the stock is currently owned by institutional investors and hedge funds.

SWK Price Performance

Shares of NASDAQ SWKH traded up $0.03 during midday trading on Wednesday, reaching $13.88. 4,231 shares of the stock traded hands, compared to its average volume of 12,471. The company's 50 day moving average is $16.58 and its 200 day moving average is $16.44. The company has a debt-to-equity ratio of 0.11, a current ratio of 5.06 and a quick ratio of 5.06. The stock has a market capitalization of $170.31 million, a PE ratio of 14.93 and a beta of 0.21. SWK has a one year low of $13.17 and a one year high of $20.49.

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

SWK Dividend Announcement

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

SWK Company Profile

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.