Short Interest in SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ:SSSSL) Decreases By 57.0%

SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ:SSSSL) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totaling 583 shares, a decline of 57.0% from the March 31st total of 1,357 shares. Based on an average daily trading volume, of 1,269 shares, the days-to-cover ratio is presently 0.5 days.

SuRo Capital Corp. 6.00% Notes due 2026 Price Performance

Shares of SSSSL opened at $25.07 on Monday. The company’s fifty day moving average is $25.07 and its two-hundred day moving average is $25.00. SuRo Capital Corp. 6.00% Notes due 2026 has a 1 year low of $24.34 and a 1 year high of $25.35.

SuRo Capital Corp. 6.00% Notes due 2026 Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Sunday, March 15th were paid a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend was Friday, March 13th.

SuRo Capital Corp. 6.00% Notes due 2026 Company Profile

SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ: SSSSL) are senior unsecured debt securities issued by SuRo Capital Corp., a closed-end, non-diversified management investment company that qualifies as a business development company under the Investment Company Act of 1940. The notes carry a fixed annual interest rate of 6.00%, payable semiannually, and will mature in May 2026. They trade on the Nasdaq Global Market under the ticker symbol SSSSL, offering investors a fixed-income vehicle linked to the investment operations of a publicly registered BDC.

SuRo Capital Corp.