Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Short Interest Update

Bain Capital Specialty Finance, Inc. (NYSE:BCSF) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 469,500 shares, a growth of 62.1% from the December 15th total of 289,600 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily volume of 182,400 shares, the days-to-cover ratio is currently 2.6 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Franklin Resources Inc. lifted its position in shares of Bain Capital Specialty Finance by 14.6% in the third quarter. Franklin Resources Inc. now owns 287,890 shares of the company’s stock worth $4,779,000 after buying an additional 36,585 shares in the last quarter. First National Trust Co raised its holdings in shares of Bain Capital Specialty Finance by 189.6% during the 3rd quarter. First National Trust Co now owns 91,690 shares of the company’s stock worth $1,522,000 after acquiring an additional 60,024 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of Bain Capital Specialty Finance by 1,551.4% during the 3rd quarter. International Assets Investment Management LLC now owns 526,706 shares of the company’s stock valued at $87,430,000 after acquiring an additional 494,812 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of Bain Capital Specialty Finance by 136.2% in the third quarter. Jane Street Group LLC now owns 24,092 shares of the company’s stock valued at $400,000 after purchasing an additional 13,892 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. increased its position in Bain Capital Specialty Finance by 10.4% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 465,868 shares of the company’s stock worth $7,733,000 after purchasing an additional 43,794 shares during the last quarter.

Bain Capital Specialty Finance Price Performance

NYSE BCSF traded down $0.06 during trading hours on Friday, reaching $17.37. The company’s stock had a trading volume of 101,617 shares, compared to its average volume of 182,199. Bain Capital Specialty Finance has a 1 year low of $14.77 and a 1 year high of $17.97. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 8.74 and a beta of 1.10. The firm’s 50-day moving average price is $17.14 and its 200-day moving average price is $16.80.

Bain Capital Specialty Finance (NYSE:BCSF) last released its quarterly earnings data on Tuesday, November 5th. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.03. Bain Capital Specialty Finance had a net margin of 43.62% and a return on equity of 11.90%. The firm had revenue of $72.54 million for the quarter. During the same quarter in the previous year, the business earned $0.55 EPS. On average, equities research analysts predict that Bain Capital Specialty Finance will post 2.06 EPS for the current fiscal year.

Bain Capital Specialty Finance Company Profile

Bain Capital Specialty Finance, Inc is business development company specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt.