Short Interest in SuRo Capital Corp. (NASDAQ:SSSS) Grows By 19.8%

SuRo Capital Corp. (NASDAQ:SSSS) was the target of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 68,400 shares, a growth of 19.8% from the January 31st total of 57,100 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 247,700 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of SuRo Capital

Institutional investors have recently bought and sold shares of the company. Wolverine Trading LLC acquired a new position in shares of SuRo Capital in the 4th quarter valued at about $414,000. Wexford Capital LP bought a new position in shares of SuRo Capital during the 4th quarter worth approximately $176,000. Millennium Management LLC acquired a new stake in shares of SuRo Capital during the 4th quarter worth approximately $65,000. J. Goldman & Co LP bought a new stake in shares of SuRo Capital in the 4th quarter valued at $3,592,000. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of SuRo Capital during the 4th quarter valued at $177,000. Institutional investors own 12.95% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Barrington Research boosted their price objective on shares of SuRo Capital from $6.00 to $8.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 21st.

SuRo Capital Stock Performance

NASDAQ:SSSS opened at $5.88 on Thursday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 11.32 and a current ratio of 11.32. SuRo Capital has a fifty-two week low of $3.52 and a fifty-two week high of $6.83. The company has a 50 day simple moving average of $5.93 and a two-hundred day simple moving average of $5.12. The company has a market capitalization of $138.78 million, a PE ratio of -3.11 and a beta of 1.53.

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.