Short Interest in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Increases By 15.7%

Bain Capital Specialty Finance, Inc. (NYSE:BCSF) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 289,600 shares, an increase of 15.7% from the November 30th total of 250,200 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 174,900 shares, the days-to-cover ratio is presently 1.7 days.

Bain Capital Specialty Finance Stock Performance

Shares of BCSF stock opened at $17.52 on Wednesday. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 8.80 and a beta of 1.12. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.41 and a current ratio of 1.41. Bain Capital Specialty Finance has a 52 week low of $14.75 and a 52 week high of $17.97. The company has a 50-day simple moving average of $17.00 and a 200 day simple moving average of $16.74.

Bain Capital Specialty Finance (NYSE:BCSF) last announced its earnings results on Tuesday, November 5th. The company reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.03. The company had revenue of $72.54 million for the quarter. Bain Capital Specialty Finance had a return on equity of 11.90% and a net margin of 43.62%. During the same quarter last year, the business posted $0.55 EPS. On average, sell-side analysts predict that Bain Capital Specialty Finance will post 2.06 earnings per share for the current year.

Hedge Funds Weigh In On Bain Capital Specialty Finance

A number of hedge funds have recently added to or reduced their stakes in BCSF. Commonwealth Equity Services LLC increased its position in shares of Bain Capital Specialty Finance by 1.3% in the second quarter. Commonwealth Equity Services LLC now owns 82,625 shares of the company’s stock worth $1,348,000 after purchasing an additional 1,025 shares during the period. Van ECK Associates Corp lifted its holdings in shares of Bain Capital Specialty Finance by 18.4% during the 2nd quarter. Van ECK Associates Corp now owns 1,049,379 shares of the company’s stock worth $17,116,000 after acquiring an additional 162,956 shares during the period. Graypoint LLC boosted its position in shares of Bain Capital Specialty Finance by 2.1% during the 2nd quarter. Graypoint LLC now owns 102,732 shares of the company’s stock worth $1,676,000 after acquiring an additional 2,093 shares in the last quarter. First National Trust Co bought a new position in Bain Capital Specialty Finance in the second quarter valued at approximately $516,000. Finally, Gries Financial LLC boosted its holdings in shares of Bain Capital Specialty Finance by 19.3% in the 2nd quarter. Gries Financial LLC now owns 171,158 shares of the company’s stock valued at $2,792,000 after purchasing an additional 27,649 shares in the last quarter.

Bain Capital Specialty Finance Company Profile

Bain Capital Specialty Finance, Inc is business development company specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt.