SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ:SSSSL) Sees Significant Decline in Short Interest

SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ:SSSSLGet Free Report) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 63 shares, a decrease of 89.2% from the April 15th total of 583 shares. Based on an average daily trading volume, of 986 shares, the days-to-cover ratio is presently 0.1 days.

SuRo Capital Corp. 6.00% Notes due 2026 Price Performance

Shares of SSSSL traded up $0.03 during midday trading on Tuesday, reaching $25.08. 4,162 shares of the stock were exchanged, compared to its average volume of 3,235. SuRo Capital Corp. 6.00% Notes due 2026 has a 52 week low of $24.44 and a 52 week high of $25.35. The company’s 50 day moving average is $25.08 and its two-hundred day moving average is $25.01.

SuRo Capital Corp. 6.00% Notes due 2026 Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Sunday, March 15th were issued 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.

About SuRo Capital Corp. 6.00% Notes due 2026

(Get Free Report)

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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