Capital Southwest Co. (NASDAQ:CSWC) Short Interest Update

Capital Southwest Co. (NASDAQ:CSWC) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 1,520,000 shares, an increase of 33.3% from the January 31st total of 1,140,000 shares. Based on an average daily trading volume, of 542,800 shares, the short-interest ratio is presently 2.8 days.

Capital Southwest Stock Performance

Shares of NASDAQ:CSWC traded down $0.36 during trading on Tuesday, reaching $22.75. The company had a trading volume of 761,032 shares, compared to its average volume of 516,706. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of 16.13 and a beta of 1.24. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.18 and a quick ratio of 0.18. The stock’s fifty day moving average price is $22.55 and its 200 day moving average price is $23.59. Capital Southwest has a fifty-two week low of $20.68 and a fifty-two week high of $27.23.

Capital Southwest (NASDAQ:CSWC) last released its earnings results on Monday, February 3rd. The asset manager reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01. Capital Southwest had a return on equity of 15.18% and a net margin of 33.49%. As a group, equities research analysts predict that Capital Southwest will post 2.54 EPS for the current year.

Capital Southwest Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 10.20%. The ex-dividend date of this dividend is Friday, March 14th. Capital Southwest’s payout ratio is currently 164.54%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Capital Southwest from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th.

Institutional Trading of Capital Southwest

Institutional investors have recently modified their holdings of the business. Promus Capital LLC purchased a new stake in shares of Capital Southwest in the fourth quarter valued at approximately $30,000. Quarry LP purchased a new stake in shares of Capital Southwest in the third quarter valued at approximately $35,000. Ameriflex Group Inc. purchased a new stake in shares of Capital Southwest in the fourth quarter valued at approximately $33,000. Nomura Asset Management Co. Ltd. boosted its stake in shares of Capital Southwest by 243.2% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 2,217 shares of the asset manager’s stock valued at $48,000 after buying an additional 1,571 shares in the last quarter. Finally, Capital Analysts LLC boosted its stake in shares of Capital Southwest by 35.6% in the fourth quarter. Capital Analysts LLC now owns 2,550 shares of the asset manager’s stock valued at $56,000 after buying an additional 669 shares in the last quarter. 23.42% of the stock is currently owned by hedge funds and other institutional investors.

Capital Southwest Company Profile

Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, industry consolidation, recapitalizations and growth capital investments.