Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Short Interest Down 18.6% in January

Bain Capital Specialty Finance, Inc. (NYSE:BCSF) saw a significant decrease in short interest in January. As of January 15th, there was short interest totalling 382,400 shares, a decrease of 18.6% from the December 31st total of 469,500 shares. Based on an average trading volume of 191,600 shares, the short-interest ratio is presently 2.0 days. Approximately 0.6% of the company’s shares are short sold.

Bain Capital Specialty Finance Stock Up 0.1 %

Shares of NYSE:BCSF traded up $0.01 during mid-day trading on Friday, hitting $18.18. 315,753 shares of the company traded hands, compared to its average volume of 177,843. The firm has a market cap of $1.17 billion, a P/E ratio of 9.14 and a beta of 1.10. Bain Capital Specialty Finance has a 52-week low of $14.77 and a 52-week high of $18.35. The firm’s 50 day simple moving average is $17.35 and its 200 day simple moving average is $16.90. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.41 and a current ratio of 1.41.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its earnings results on Tuesday, November 5th. The company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $72.54 million for the quarter. During the same period in the previous year, the firm posted $0.55 earnings per share. On average, equities analysts anticipate that Bain Capital Specialty Finance will post 2.06 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company lifted their target price on shares of Bain Capital Specialty Finance from $17.00 to $18.00 and gave the company an “overweight” rating in a report on Wednesday.

Institutional Trading of Bain Capital Specialty Finance

Large investors have recently modified their holdings of the business. Strategic Financial Concepts LLC bought a new stake in shares of Bain Capital Specialty Finance in the fourth quarter worth $1,135,000. Allworth Financial LP bought a new stake in shares of Bain Capital Specialty Finance in the 4th quarter valued at approximately $5,459,000. Van ECK Associates Corp lifted its stake in Bain Capital Specialty Finance by 13.8% during the fourth quarter. Van ECK Associates Corp now owns 1,088,471 shares of the company’s stock worth $19,070,000 after purchasing an additional 131,860 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in Bain Capital Specialty Finance in the fourth quarter worth $151,000. Finally, Hager Investment Management Services LLC acquired a new stake in shares of Bain Capital Specialty Finance during the fourth quarter worth $2,530,000.

About Bain Capital Specialty Finance

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.