SuRo Capital Corp. (NASDAQ:SSSS) Short Interest Update

SuRo Capital Corp. (NASDAQ:SSSSGet Free Report) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 88,500 shares, an increase of 29.4% from the February 13th total of 68,400 shares. Based on an average daily volume of 282,300 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.4% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Citigroup reaffirmed an “outperform” rating on shares of SuRo Capital in a research note on Wednesday. Barrington Research reaffirmed an “outperform” rating and set a $8.00 target price on shares of SuRo Capital in a research note on Wednesday, March 12th.

Get Our Latest Stock Analysis on SuRo Capital

Institutional Trading of SuRo Capital

Hedge funds and other institutional investors have recently modified their holdings of the business. J. Goldman & Co LP acquired a new stake in SuRo Capital in the 4th quarter valued at about $3,592,000. Thomas J. Herzfeld Advisors Inc. raised its holdings in SuRo Capital by 24.7% in the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 1,357,409 shares of the company’s stock valued at $7,982,000 after acquiring an additional 268,899 shares in the last quarter. Gabelli Funds LLC lifted its stake in SuRo Capital by 22.3% in the fourth quarter. Gabelli Funds LLC now owns 1,164,500 shares of the company’s stock worth $6,847,000 after acquiring an additional 212,000 shares during the last quarter. Marshall Wace LLP acquired a new position in SuRo Capital during the 4th quarter worth approximately $461,000. Finally, Wolverine Trading LLC purchased a new stake in shares of SuRo Capital in the 4th quarter valued at approximately $414,000. 12.95% of the stock is owned by institutional investors and hedge funds.

SuRo Capital Trading Up 1.2 %

SuRo Capital stock traded up $0.07 during mid-day trading on Monday, hitting $6.00. The company’s stock had a trading volume of 5,029 shares, compared to its average volume of 292,909. SuRo Capital has a 1 year low of $3.52 and a 1 year high of $6.83. The company has a current ratio of 11.32, a quick ratio of 11.32 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $141.61 million, a PE ratio of -3.17 and a beta of 1.53. The stock’s fifty day moving average is $5.87 and its two-hundred day moving average is $5.21.

SuRo Capital Company Profile

(Get Free Report)

SuRo Capital Corp. is a business development company. The firm seeks to invest in growth capital, late stage and venture capital-backed private companies. SuRo Capital Corp. was founded in 2010 and is based in San Francisco, California with additional office in New York, New York.

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