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SuRo Capital Corp. 6.00% Notes Due 2026 (NASDAQ:SSSSL) Sees Significant Growth in Short Interest

kopsource ·  Jan 18, 2023 03:01

SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ:SSSSL – Get Rating) was the recipient of a large increase in short interest in December. As of December 30th, there was short interest totalling 22,400 shares, an increase of 2,700.0% from the December 15th total of 800 shares. Based on an average daily trading volume, of 1,000 shares, the days-to-cover ratio is currently 22.4 days.

SuRo Capital Corp. 6.00% Notes due 2026 Trading Down 1.2 %

Shares of SuRo Capital Corp. 6.00% Notes due 2026 stock traded down $0.28 during trading hours on Tuesday, reaching $23.46. 1,200 shares of the company's stock were exchanged, compared to its average volume of 850. The company has a fifty day moving average of $23.73 and a 200-day moving average of $24.11. SuRo Capital Corp. 6.00% Notes due 2026 has a 52-week low of $22.07 and a 52-week high of $25.95.

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SuRo Capital Corp. 6.00% Notes due 2026 Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 30th. Investors of record on Thursday, December 15th were issued a $0.375 dividend. The ex-dividend date was Wednesday, December 14th. This represents a $1.50 annualized dividend and a yield of 6.39%.

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