Equus Total Return, Inc. (NYSE:EQS) Shares Shorted: Short Interest Up 219.1% in October

Equus Total Return, Inc. (NYSE:EQS) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 23,302 shares, an increase of 219.1% from the September 30th total of 7,303 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 10,670 shares, the short-interest ratio is presently 2.2 days.

Equus Total Return Stock Performance

EQS traded down $0.03 on Friday, hitting $0.61. The company had a trading volume of 6,433 shares, compared to its average volume of 11,586. The stock has a market cap of $8.58 million, a price-to-earnings ratio of -0.44 and a beta of 0.09. The company’s fifty day moving average price is $0.93 and its 200 day moving average price is $1.24. Equus Total Return has a 1-year low of $0.58 and a 1-year high of $2.05. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.11 and a quick ratio of 2.11.

Analysts Set New Price Targets

Separately, Weiss Ratings cut shares of Equus Total Return from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, October 22nd. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Equus Total Return Company Profile

Equus Total Return, Inc is a publicly traded closed-end investment company listed on the New York Stock Exchange under the symbol EQS. The company’s investment activities have focused primarily on providing capital to small and middle-market businesses, including privately held companies.

Equus has historically invested through a combination of equity securities, subordinated debt, and other financing instruments. Its portfolio strategy has included seeking long-term capital appreciation and current income from investments in businesses across a range of industries, primarily in the United States.

As an investment company, Equus Total Return’s results are influenced by the performance and valuation of its portfolio investments rather than by the sale of conventional products or services.