Monroe Capital Corporation (NASDAQ:MRCC) Short Interest Update

Monroe Capital Corporation (NASDAQ:MRCC) was the recipient of a large decline in short interest in August. As of August 15th, there was short interest totaling 98,700 shares, adeclineof35.5% from the July 31st total of 153,100 shares. Approximately0.5% of the shares of the company are sold short. Based on an average trading volume of 95,400 shares, the short-interest ratio is currently 1.0 days. Based on an average trading volume of 95,400 shares, the short-interest ratio is currently 1.0 days. Approximately0.5% of the shares of the company are sold short.

Hedge Funds Weigh In On Monroe Capital

Several large investors have recently bought and sold shares of MRCC. Focus Partners Wealth acquired a new stake in shares of Monroe Capital in the 4th quarter worth approximately $322,000. Millennium Management LLC raised its holdings in Monroe Capital by 71.3% during the fourth quarter. Millennium Management LLC now owns 50,915 shares of the financial services provider’s stock worth $433,000 after purchasing an additional 21,199 shares in the last quarter. Two Sigma Advisers LP lifted its position in Monroe Capital by 13.7% in the fourth quarter. Two Sigma Advisers LP now owns 181,700 shares of the financial services provider’s stock worth $1,544,000 after purchasing an additional 21,900 shares during the period. Two Sigma Investments LP lifted its position in Monroe Capital by 6.0% in the fourth quarter. Two Sigma Investments LP now owns 134,924 shares of the financial services provider’s stock worth $1,147,000 after purchasing an additional 7,652 shares during the period. Finally, Sunbelt Securities Inc. boosted its stake in Monroe Capital by 308.3% during the 4th quarter. Sunbelt Securities Inc. now owns 47,118 shares of the financial services provider’s stock valued at $390,000 after purchasing an additional 35,578 shares in the last quarter.

Monroe Capital Stock Performance

Shares of MRCC stock opened at $7.56 on Friday. Monroe Capital has a 1 year low of $5.96 and a 1 year high of $8.85. The firm has a market capitalization of $163.83 million, a PE ratio of 84.00 and a beta of 0.91. The stock has a fifty day moving average of $6.70 and a two-hundred day moving average of $6.98. The company has a debt-to-equity ratio of 1.16, a quick ratio of 4.02 and a current ratio of 4.02.

Monroe Capital (NASDAQ:MRCC) last issued its quarterly earnings results on Monday, August 11th. The financial services provider reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.06). The business had revenue of $9.87 million for the quarter, compared to analyst estimates of $12.38 million. Monroe Capital had a net margin of 3.74% and a return on equity of 10.70%. As a group, research analysts expect that Monroe Capital will post 1.14 EPS for the current year.

Monroe Capital Company Profile

Monroe Capital Corporation is a business development company specializing in customized financing solutions in senior, unitranche and junior secured debt, subordinated debt financing and to a lesser extent, unsecured debt and equity, including equity co-investments in preferred and common stock and warrants.