SuRo Capital Corp. (NASDAQ:SSSS) Short Interest Down 45.6% in April

SuRo Capital Corp. (NASDAQ:SSSS) saw a significant decrease in short interest in April. As of April 15th, there was short interest totalling 26,800 shares, a decrease of 45.6% from the March 31st total of 49,300 shares. Based on an average trading volume of 95,700 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Trading of SuRo Capital

Several hedge funds and other institutional investors have recently bought and sold shares of SSSS. Belvedere Trading LLC acquired a new stake in SuRo Capital in the 3rd quarter worth about $41,000. Byrne Asset Management LLC acquired a new position in shares of SuRo Capital in the 4th quarter valued at approximately $51,000. Calton & Associates Inc. acquired a new position in shares of SuRo Capital in the 4th quarter valued at approximately $107,000. Janney Montgomery Scott LLC raised its position in shares of SuRo Capital by 111.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 30,339 shares of the company’s stock valued at $110,000 after buying an additional 15,974 shares in the last quarter. Finally, EJF Capital LLC raised its position in shares of SuRo Capital by 18.7% in the 3rd quarter. EJF Capital LLC now owns 35,602 shares of the company’s stock valued at $129,000 after buying an additional 5,602 shares in the last quarter. Institutional investors and hedge funds own 12.95% of the company’s stock.

SuRo Capital Stock Down 0.5 %

SuRo Capital stock traded down $0.02 during mid-day trading on Friday, reaching $3.82. The company’s stock had a trading volume of 24,631 shares, compared to its average volume of 62,612. The business’s 50 day simple moving average is $4.24 and its 200 day simple moving average is $4.06. SuRo Capital has a 12 month low of $3.10 and a 12 month high of $4.72. The company has a market capitalization of $89.20 million, a price-to-earnings ratio of 18.19 and a beta of 1.56. The company has a debt-to-equity ratio of 0.36, a quick ratio of 58.92 and a current ratio of 58.92.

SuRo Capital (NASDAQ:SSSS) last announced its quarterly earnings data on Wednesday, March 13th. The company reported ($0.11) EPS for the quarter. SuRo Capital had a net margin of 76.81% and a negative return on equity of 6.58%. The firm had revenue of $2.46 million during the quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Barrington Research restated an “outperform” rating and set a $6.00 price objective on shares of SuRo Capital in a report on Thursday, April 18th. JMP Securities raised their price objective on shares of SuRo Capital from $5.50 to $6.00 and gave the stock a “market outperform” rating in a report on Tuesday, March 26th.

SuRo Capital Company Profile

SuRo Capital Corp. is a business development company. The firm seeks to invest in growth capital, late stage and venture capital-backed private companies. SuRo Capital Corp. was founded in 2010 and is based in San Francisco, California with additional office in New York, New York.