Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Short Interest Update

Bain Capital Specialty Finance, Inc. (NYSE:BCSF) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 332,530 shares, a decrease of 16.9% from the December 31st total of 399,940 shares. Based on an average daily trading volume, of 364,502 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.5% of the company’s shares are short sold. Currently, 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 364,502 shares, the days-to-cover ratio is presently 0.9 days.

Analysts Set New Price Targets

A number of research firms recently weighed in on BCSF. Wells Fargo & Company set a $14.00 price objective on Bain Capital Specialty Finance and gave the company an “equal weight” rating in a report on Wednesday, January 7th. Zacks Research lowered Bain Capital Specialty Finance from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 14th. Finally, Keefe, Bruyette & Woods upgraded shares of Bain Capital Specialty Finance from a “market perform” rating to an “outperform” rating and set a $16.00 price target for the company in a report on Friday, December 19th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $15.00.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Royal Bank of Canada raised its stake in shares of Bain Capital Specialty Finance by 3.5% during the 1st quarter. Royal Bank of Canada now owns 140,801 shares of the company’s stock worth $2,337,000 after purchasing an additional 4,722 shares during the period. Janney Montgomery Scott LLC increased its holdings in Bain Capital Specialty Finance by 8.9% during the second quarter. Janney Montgomery Scott LLC now owns 84,060 shares of the company’s stock worth $1,264,000 after buying an additional 6,851 shares during the last quarter. Hager Investment Management Services LLC raised its position in Bain Capital Specialty Finance by 6.8% in the second quarter. Hager Investment Management Services LLC now owns 164,142 shares of the company’s stock worth $2,469,000 after acquiring an additional 10,471 shares during the period. Melia Wealth LLC lifted its stake in Bain Capital Specialty Finance by 6.3% in the second quarter. Melia Wealth LLC now owns 990,732 shares of the company’s stock valued at $14,901,000 after purchasing an additional 58,815 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Bain Capital Specialty Finance by 28.0% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 446,968 shares of the company’s stock valued at $6,722,000 after buying an additional 97,714 shares during the last quarter.

Bain Capital Specialty Finance Stock Down 2.3%

Shares of Bain Capital Specialty Finance stock traded down $0.30 on Monday, hitting $12.87. The company had a trading volume of 338,381 shares, compared to its average volume of 364,563. Bain Capital Specialty Finance has a 1 year low of $12.49 and a 1 year high of $19.21. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.78 and a current ratio of 1.78. The stock has a 50 day moving average of $13.95 and a 200-day moving average of $14.41. The stock has a market capitalization of $834.86 million, a price-to-earnings ratio of 8.95 and a beta of 0.60.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its quarterly earnings data on Monday, November 10th. The company reported $0.45 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.45. Bain Capital Specialty Finance had a net margin of 33.45% and a return on equity of 11.03%. The firm had revenue of $67.20 million for the quarter, compared to the consensus estimate of $69.53 million. As a group, sell-side analysts forecast that Bain Capital Specialty Finance will post 2.06 earnings per share for the current year.

Bain Capital Specialty Finance Dividend Announcement

The firm also recently declared a special dividend, which was paid on Monday, January 26th. Investors of record on Wednesday, December 31st were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, December 31st. Bain Capital Specialty Finance’s dividend payout ratio (DPR) is presently 116.67%.

Bain Capital Specialty Finance Company Profile

Bain Capital Specialty Finance (NYSE: BCSF) is a closed-end interval fund organized as a specialty finance company. Since commencing operations in March 2017, the company has focused on originating and acquiring debt and equity investments in middle-market companies. It is structured to offer investors access to private credit and special situations strategies that are typically unavailable through traditional public debt markets.

The firm’s core business activities include direct lending to U.S.