Pearl Diver Credit Company Inc. (NYSE:PDCC – Get Free Report) was the recipient of a significant increase in short interest during the month of 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. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,458 shares, the days-to-cover ratio is presently 1.1 days.
Pearl Diver Credit Price Performance
Shares of NYSE PDCC traded up $0.04 during trading on Monday, hitting $9.52. The company had a trading volume of 1,723 shares, compared to its average volume of 8,045. Pearl Diver Credit has a 52 week low of $9.25 and a 52 week high of $18.40. The business’s 50-day moving average is $10.21 and its 200 day moving average is $11.48.
Pearl Diver Credit Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 17th will be issued a $0.13 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 16.4%. The ex-dividend date is Monday, August 17th.
Institutional Investors Weigh In On Pearl Diver Credit
About Pearl Diver Credit
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
- The SK Hynix IPO and 2027’s AI Memory Squeeze
- Meta Platforms Stock Rises as Muse Spark 1.1 AI Model Debuts
- Why Welltower’s Growth Story Might Outrun Its Rich Valuation
- One Short- and One Long-Term ETF for Quantum Computing Bulls
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.
