SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ:SSSSL – Get Free Report) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 3,493 shares, an increase of 113.6% from the January 15th total of 1,635 shares. Based on an average daily volume of 3,427 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily volume of 3,427 shares, the days-to-cover ratio is presently 1.0 days.
SuRo Capital Corp. 6.00% Notes due 2026 Trading Down 0.1%
Shares of SSSSL opened at $24.99 on Friday. SuRo Capital Corp. 6.00% Notes due 2026 has a 52-week low of $24.20 and a 52-week high of $25.12. The firm has a 50-day moving average price of $24.99 and a 200 day moving average price of $24.94.
SuRo Capital Corp. 6.00% Notes due 2026 Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th were given a dividend of $0.375 per share. The ex-dividend date was Monday, December 15th. This represents a $1.50 annualized dividend and a dividend yield of 6.0%.
About SuRo Capital Corp. 6.00% Notes due 2026
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.
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