Chicago Atlantic BDC, Inc. (NASDAQ:LIEN) Short Interest Update

Chicago Atlantic BDC, Inc. (NASDAQ:LIEN) was the target of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 10,631 shares, a drop of 21.3% from the January 15th total of 13,501 shares. Based on an average trading volume of 148,163 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 148,163 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Chicago Atlantic BDC

Several hedge funds have recently added to or reduced their stakes in LIEN. Triumph Capital Management acquired a new position in Chicago Atlantic BDC in the fourth quarter valued at about $32,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Chicago Atlantic BDC in the fourth quarter valued at approximately $63,000. Mather Group LLC. bought a new stake in shares of Chicago Atlantic BDC during the fourth quarter worth $106,000. Sage Mountain Advisors LLC acquired a new stake in shares of Chicago Atlantic BDC during the second quarter worth $106,000. Finally, SteelPeak Wealth LLC bought a new stake in Chicago Atlantic BDC in the 4th quarter valued at $110,000. Institutional investors and hedge funds own 4.36% of the company’s stock.

Chicago Atlantic BDC Stock Performance

NASDAQ:LIEN traded down $0.10 during trading hours on Tuesday, hitting $10.15. The stock had a trading volume of 32,918 shares, compared to its average volume of 105,708. Chicago Atlantic BDC has a one year low of $9.58 and a one year high of $12.65. The company has a market cap of $231.62 million, a price-to-earnings ratio of 12.85 and a beta of 0.26. The business’s 50 day moving average is $10.49 and its 200-day moving average is $10.55.

About Chicago Atlantic BDC

Chicago Atlantic BDC (NASDAQ:LIEN) is a closed-end management investment company organized as a business development company (BDC). It focuses on providing debt and equity financing solutions to U.S. middle-market companies that demonstrate strong growth potential. Through its public listing, the company offers investors exposure to a diversified portfolio of private credit and equity investments aimed at delivering attractive risk-adjusted returns.

The company’s investment strategy centers on structuring customized credit facilities, including senior secured loans, unitranche loans, mezzanine debt and equity co-investments.