Short Interest in SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ:SSSSL) Rises By 60.6%

SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ:SSSSL) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 2,016 shares, an increase of 60.6% from the May 14th total of 1,255 shares. Based on an average daily trading volume, of 1,177 shares, the days-to-cover ratio is presently 1.7 days.

SuRo Capital Corp. 6.00% Notes due 2026 Price Performance

SuRo Capital Corp. 6.00% Notes due 2026 stock opened at $25.06 on Tuesday. The stock’s 50 day moving average price is $25.10 and its 200 day moving average price is $25.05. SuRo Capital Corp. 6.00% Notes due 2026 has a one year low of $24.44 and a one year high of $25.55.

SuRo Capital Corp. 6.00% Notes due 2026 Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.375 per share. The ex-dividend date is Monday, June 15th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 6.0%.

About SuRo Capital Corp. 6.00% Notes due 2026

SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ: SSSSL) are senior unsecured debt securities issued by SuRo Capital Corp., a closed-end, non-diversified management investment company that qualifies as a business development company under the Investment Company Act of 1940. The notes carry a fixed annual interest rate of 6.00%, payable semiannually, and will mature in May 2026. They trade on the Nasdaq Global Market under the ticker symbol SSSSL, offering investors a fixed-income vehicle linked to the investment operations of a publicly registered BDC.

SuRo Capital Corp.