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:SSSSL) saw a large decrease in short interest in the month of 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 short-interest ratio is presently 0.1 days.

SuRo Capital Corp. 6.00% Notes due 2026 Stock Performance

NASDAQ:SSSSL traded up $0.03 during midday trading on Tuesday, hitting $25.08. 4,162 shares of the company traded hands, compared to its average volume of 3,235. The firm’s fifty day moving average is $25.08 and its 200-day moving average is $25.01. SuRo Capital Corp. 6.00% Notes due 2026 has a 12-month low of $24.44 and a 12-month high of $25.35.

SuRo Capital Corp. 6.00% Notes due 2026 Announces Dividend

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