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

SuRo Capital Corp. (NASDAQ:SSSS) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 108,600 shares, a growth of 22.7% from the February 28th total of 88,500 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average trading volume of 266,900 shares, the short-interest ratio is presently 0.4 days.

SuRo Capital Price Performance

Shares of SSSS traded up $0.29 during mid-day trading on Wednesday, reaching $5.29. The stock had a trading volume of 123,280 shares, compared to its average volume of 144,469. The company has a debt-to-equity ratio of 0.47, a quick ratio of 11.32 and a current ratio of 11.32. SuRo Capital has a 12 month low of $3.52 and a 12 month high of $6.83. The business has a fifty day moving average of $5.77 and a 200 day moving average of $5.35. The firm has a market cap of $124.47 million, a price-to-earnings ratio of -2.80 and a beta of 1.53.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Citigroup reiterated an “outperform” rating on shares of SuRo Capital in a research note on Wednesday, March 12th. Barrington Research restated an “outperform” rating and issued a $8.00 price target on shares of SuRo Capital in a research report on Wednesday, March 12th.

Institutional Investors Weigh In On SuRo Capital

Several large investors have recently added to or reduced their stakes in the stock. Wolverine Trading LLC purchased a new position in shares of SuRo Capital in the 4th quarter worth approximately $414,000. Wexford Capital LP purchased a new stake in SuRo Capital in the 4th quarter valued at about $176,000. Millennium Management LLC bought a new position in SuRo Capital in the fourth quarter worth approximately $65,000. J. Goldman & Co LP purchased a new position in SuRo Capital during the fourth quarter valued at approximately $3,592,000. Finally, Cubist Systematic Strategies LLC purchased a new position in SuRo Capital in the fourth quarter valued at about $177,000. 12.95% of the stock is owned by institutional investors.

SuRo Capital Company Profile

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.