Pearl Diver Credit Company Inc. (NYSE:PDCC – Get Free Report) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 7,066 shares, an increase of 178.0% from the June 15th total of 2,542 shares. Based on an average daily trading volume, of 6,458 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.1% of the shares of the stock are sold short.
Pearl Diver Credit Price Performance
Shares of PDCC stock traded down $0.09 during trading hours on Tuesday, reaching $9.48. The stock had a trading volume of 8,984 shares, compared to its average volume of 4,784. The stock’s fifty day simple moving average is $10.20 and its 200 day simple moving average is $11.45. Pearl Diver Credit has a 12 month low of $9.25 and a 12 month high of $18.40.
Pearl Diver Credit Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be issued a $0.13 dividend. This represents a c) annualized dividend and a yield of 16.4%. The ex-dividend date of this dividend is Monday, August 17th.
Institutional Inflows and Outflows
Pearl Diver Credit Company Profile
Pearl Diver Credit Company Inc is a newly organized, externally managed, non-diversified, closed-end management investment company. Its primary investment objective is to maximize its portfolio’s total return, with a secondary objective of generating high current income. Pearl Diver Credit Company Inc is based in NEW YORK.
See Also
- Five stocks we like better than Pearl Diver Credit
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
Receive News & Ratings for Pearl Diver Credit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pearl Diver Credit and related companies with MarketBeat.com's FREE daily email newsletter.
