Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) Sees Large Drop in Short Interest

Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 2,700 shares, a decline of 72.7% from the August 15th total of 9,900 shares. Based on an average trading volume of 26,800 shares, the short-interest ratio is presently 0.1 days.

Investcorp Credit Management BDC Stock Performance

ICMB traded up $0.02 on Thursday, reaching $3.07. The company had a trading volume of 16,603 shares, compared to its average volume of 33,792. Investcorp Credit Management BDC has a 1 year low of $2.98 and a 1 year high of $4.25. The stock has a market capitalization of $44.21 million, a PE ratio of 153.50 and a beta of 1.67. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.53. The stock has a 50-day moving average price of $3.26 and a 200-day moving average price of $3.26.

Investcorp Credit Management BDC Company Profile

Investcorp Credit Management BDC, Inc is a business development company specializing in loan, mezzanine, middle market, growth capital, acquisitions, market/product expansion, organic growth, refinancings and recapitalization investments. It also selectively invests in mezzanine loans/structured equity and in the equity of portfolio companies through warrants and other instruments, in most cases taking such upside participation interests as part of a broader investment relationship.