Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Short Interest Update

Bain Capital Specialty Finance, Inc. (NYSE:BCSF - Get Free Report) was the recipient of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 250,200 shares, a drop of 32.8% from the November 15th total of 372,300 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 170,200 shares, the short-interest ratio is currently 1.5 days.

Bain Capital Specialty Finance Stock Performance

BCSF stock traded down $0.05 during mid-day trading on Friday, reaching $17.24. The company had a trading volume of 161,166 shares, compared to its average volume of 230,750. Bain Capital Specialty Finance has a one year low of $14.75 and a one year high of $17.36. The stock has a market capitalization of $1.11 billion, a P/E ratio of 8.66 and a beta of 1.12. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.13. The stock's 50-day simple moving average is $16.84 and its two-hundred day simple moving average is $16.67.

Bain Capital Specialty Finance (NYSE:BCSF - Get Free Report) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.03. Bain Capital Specialty Finance had a net margin of 43.62% and a return on equity of 11.90%. The firm had revenue of $72.54 million for the quarter. During the same quarter in the prior year, the business earned $0.55 earnings per share. Research analysts anticipate that Bain Capital Specialty Finance will post 2.06 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods reaffirmed a "market perform" rating and set a $17.00 target price on shares of Bain Capital Specialty Finance in a report on Wednesday, August 21st.

Hedge Funds Weigh In On Bain Capital Specialty Finance

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BCSF. Commonwealth Equity Services LLC raised its holdings in Bain Capital Specialty Finance by 1.3% during the second quarter. Commonwealth Equity Services LLC now owns 82,625 shares of the company's stock worth $1,348,000 after purchasing an additional 1,025 shares in the last quarter. Confluence Investment Management LLC raised its stake in shares of Bain Capital Specialty Finance by 0.9% in the 3rd quarter. Confluence Investment Management LLC now owns 119,547 shares of the company's stock worth $1,984,000 after buying an additional 1,028 shares in the last quarter. Quarry LP lifted its holdings in shares of Bain Capital Specialty Finance by 74.2% in the second quarter. Quarry LP now owns 2,976 shares of the company's stock valued at $49,000 after buying an additional 1,268 shares during the period. Norden Group LLC boosted its stake in Bain Capital Specialty Finance by 10.9% during the second quarter. Norden Group LLC now owns 16,153 shares of the company's stock valued at $263,000 after buying an additional 1,593 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. grew its holdings in Bain Capital Specialty Finance by 2.4% during the third quarter. Redhawk Wealth Advisors Inc. now owns 73,506 shares of the company's stock worth $1,220,000 after acquiring an additional 1,716 shares during the period.

Bain Capital Specialty Finance Company Profile

Bain Capital Specialty Finance, Inc is business development company specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt.