Golub Capital BDC, Inc. (NASDAQ:GBDC) Short Interest Update

Golub Capital BDC, Inc. (NASDAQ:GBDC) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 3,400,000 shares, an increase of 26.4% from the December 15th total of 2,690,000 shares. Based on an average daily trading volume, of 1,230,000 shares, the short-interest ratio is currently 2.8 days.

Analyst Ratings Changes

A number of research firms have recently weighed in on GBDC. Wells Fargo & Company cut their price objective on shares of Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating for the company in a research report on Thursday, November 21st. StockNews.com raised shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a research report on Friday, November 29th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $16.40.

Golub Capital BDC Trading Up 0.5 %

Shares of Golub Capital BDC stock traded up $0.07 during trading hours on Friday, hitting $15.40. The company’s stock had a trading volume of 987,569 shares, compared to its average volume of 1,096,528. Golub Capital BDC has a 1-year low of $14.05 and a 1-year high of $17.72. The business has a fifty day moving average of $15.25 and a 200 day moving average of $15.18. The company has a market capitalization of $4.07 billion, a PE ratio of 10.92 and a beta of 0.53. The company has a quick ratio of 4.73, a current ratio of 4.73 and a debt-to-equity ratio of 1.15.

Golub Capital BDC Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 9th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 10.13%. The ex-dividend date of this dividend was Monday, December 9th. Golub Capital BDC’s payout ratio is currently 110.64%.

Institutional Investors Weigh In On Golub Capital BDC

Several large investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC boosted its stake in shares of Golub Capital BDC by 30.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 115,058 shares of the investment management company’s stock valued at $1,744,000 after purchasing an additional 26,764 shares during the period. Kelleher Financial Advisors boosted its stake in Golub Capital BDC by 130.4% during the 4th quarter. Kelleher Financial Advisors now owns 23,052 shares of the investment management company’s stock valued at $349,000 after acquiring an additional 13,048 shares during the last quarter. Simon Quick Advisors LLC boosted its stake in Golub Capital BDC by 6.1% during the 4th quarter. Simon Quick Advisors LLC now owns 82,059 shares of the investment management company’s stock valued at $1,244,000 after acquiring an additional 4,684 shares during the last quarter. Amplius Wealth Advisors LLC boosted its stake in Golub Capital BDC by 4.2% during the 4th quarter. Amplius Wealth Advisors LLC now owns 50,231 shares of the investment management company’s stock valued at $761,000 after acquiring an additional 2,007 shares during the last quarter. Finally, Mandatum Life Insurance Co Ltd boosted its stake in Golub Capital BDC by 5.1% during the 4th quarter. Mandatum Life Insurance Co Ltd now owns 40,816 shares of the investment management company’s stock valued at $619,000 after acquiring an additional 1,997 shares during the last quarter. Institutional investors and hedge funds own 42.38% of the company’s stock.

About Golub Capital BDC

Golub Capital BDC, Inc (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors.