SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ:SSSSL) Sees Large Increase in Short Interest

SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ:SSSSL) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 3,493 shares, a growth of 113.6% from the January 15th total of 1,635 shares. Based on an average daily trading volume, of 3,427 shares, the short-interest ratio is presently 1.0 days. Based on an average daily trading volume, of 3,427 shares, the short-interest ratio is presently 1.0 days.

SuRo Capital Corp. 6.00% Notes due 2026 Stock Performance

Shares of NASDAQ:SSSSL opened at $24.97 on Friday. The business has a 50-day moving average of $24.99 and a two-hundred day moving average of $24.94. SuRo Capital Corp. 6.00% Notes due 2026 has a 12 month low of $24.20 and a 12 month high of $25.12.

SuRo Capital Corp. 6.00% Notes due 2026 Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th were issued a $0.375 dividend. The ex-dividend date was Monday, December 15th. This represents a $1.50 annualized dividend and a dividend yield of 6.0%.

SuRo Capital Corp. 6.00% Notes due 2026 Company Profile

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.