WhiteHorse Finance, Inc. (NASDAQ:WHF) Sees Significant Decline in Short Interest

Posted by Brenda Bartman on Jul 2nd, 2026

WhiteHorse Finance, Inc. (NASDAQ:WHF – Get Free Report) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 246,080 shares, a decrease of 35.2% from the May 31st total of 379,534 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average trading volume of 85,369 shares, the days-to-cover ratio is presently 2.9 days.

WhiteHorse Finance Trading Up 1.2%

WhiteHorse Finance stock opened at $6.78 on Thursday. The firm has a market cap of $145.63 million, a PE ratio of 16.54 and a beta of 0.37. WhiteHorse Finance has a 12 month low of $6.07 and a 12 month high of $9.28. The stock’s 50 day simple moving average is $6.97 and its two-hundred day simple moving average is $7.00. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 1.30.

WhiteHorse Finance (NASDAQ:WHF – Get Free Report) last posted its earnings results on Thursday, May 7th. The investment management company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.02). WhiteHorse Finance had a net margin of 13.46% and a return on equity of 9.47%. The firm had revenue of $15.90 million for the quarter, compared to analysts’ expectations of $16.35 million. Analysts anticipate that WhiteHorse Finance will post 1.03 earnings per share for the current year.

WhiteHorse Finance Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Thursday, May 21st will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 14.7%. The ex-dividend date is Thursday, May 21st. WhiteHorse Finance’s dividend payout ratio (DPR) is currently 243.90%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Weiss Ratings lowered WhiteHorse Finance from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. decreased their price objective on WhiteHorse Finance from $6.50 to $6.00 and set an “underweight” rating for the company in a report on Thursday. Three equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, WhiteHorse Finance currently has a consensus rating of “Reduce” and a consensus price target of $7.50.

View Our Latest Stock Analysis on WhiteHorse Finance

Insiders Place Their Bets

In other WhiteHorse Finance news, Director John Bolduc bought 15,380 shares of WhiteHorse Finance stock in a transaction that occurred on Thursday, June 18th. The stock was purchased at an average price of $6.49 per share, with a total value of $99,816.20. Following the completion of the acquisition, the director directly owned 317,297 shares in the company, valued at approximately $2,059,257.53. This trade represents a 5.09% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Stuart D. Aronson bought 15,000 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were acquired at an average price of $6.41 per share, with a total value of $96,150.00. Following the completion of the transaction, the chief executive officer directly owned 127,000 shares of the company’s stock, valued at $814,070. This trade represents a 13.39% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought 94,940 shares of company stock worth $627,568 in the last quarter. Company insiders own 3.80% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Advisory Services Network LLC acquired a new position in shares of WhiteHorse Finance in the third quarter worth about $26,000. Kestra Advisory Services LLC acquired a new stake in shares of WhiteHorse Finance during the 4th quarter valued at about $44,000. HUB Investment Partners LLC acquired a new stake in shares of WhiteHorse Finance during the 3rd quarter valued at about $75,000. Norden Group LLC purchased a new position in shares of WhiteHorse Finance in the 4th quarter valued at about $76,000. Finally, O Shaughnessy Asset Management LLC purchased a new position in shares of WhiteHorse Finance in the 4th quarter valued at about $88,000. Institutional investors and hedge funds own 13.20% of the company’s stock.

WhiteHorse Finance Company Profile

(Get Free Report)

WhiteHorse Finance Corporation (NASDAQ: WHF) is a closed-end management investment company organized as a business development company under the Investment Company Act of 1940. The firm’s primary objective is to generate current income and, to a lesser extent, capital appreciation by making debt and equity investments in privately held middle-market companies. WhiteHorse Finance seeks to partner with established businesses across a range of industries, providing flexible financing solutions designed to support growth initiatives, acquisitions and recapitalizations.

The company’s investment portfolio predominantly comprises senior secured loans, second-lien debt, subordinated debt and select equity interests.