Capital Southwest Co. (NASDAQ:CSWC) Sees Large Increase in Short Interest

Capital Southwest Co. (NASDAQ:CSWC - Get Free Report) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 1,520,000 shares, a growth of 33.3% from the January 31st total of 1,140,000 shares. Based on an average trading volume of 542,800 shares, the days-to-cover ratio is currently 2.8 days.

Analyst Ratings Changes

Separately, StockNews.com upgraded Capital Southwest from a "sell" rating to a "hold" rating in a research report on Wednesday.

Hedge Funds Weigh In On Capital Southwest

A number of hedge funds have recently modified their holdings of the stock. B. Riley Wealth Advisors Inc. increased its holdings in Capital Southwest by 8.4% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 50,626 shares of the asset manager's stock valued at $1,105,000 after purchasing an additional 3,941 shares in the last quarter. Ameriflex Group Inc. acquired a new stake in Capital Southwest during the 4th quarter valued at $33,000. Sunbelt Securities Inc. increased its holdings in Capital Southwest by 52.4% during the 4th quarter. Sunbelt Securities Inc. now owns 37,215 shares of the asset manager's stock valued at $811,000 after purchasing an additional 12,802 shares in the last quarter. Sovereign s Capital Management LLC acquired a new stake in Capital Southwest during the 4th quarter valued at $1,474,000. Finally, Two Sigma Advisers LP increased its holdings in Capital Southwest by 17.3% during the 4th quarter. Two Sigma Advisers LP now owns 774,600 shares of the asset manager's stock valued at $16,902,000 after purchasing an additional 114,000 shares in the last quarter. 23.42% of the stock is owned by institutional investors and hedge funds.

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Capital Southwest Price Performance

Shares of CSWC traded up $0.53 during mid-day trading on Friday, reaching $22.99. The company had a trading volume of 444,711 shares, compared to its average volume of 522,194. Capital Southwest has a twelve month low of $20.68 and a twelve month high of $27.23. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.18 and a quick ratio of 0.18. The company's 50-day moving average is $22.65 and its 200-day moving average is $23.55. The company has a market capitalization of $1.16 billion, a P/E ratio of 16.31 and a beta of 1.21.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last issued its earnings results on Monday, February 3rd. The asset manager reported $0.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.62 by $0.01. Capital Southwest had a return on equity of 15.18% and a net margin of 33.49%. On average, equities analysts anticipate that Capital Southwest will post 2.54 EPS for the current year.

Capital Southwest Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $0.58 dividend. The ex-dividend date is Friday, March 14th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 10.09%. Capital Southwest's payout ratio is presently 164.54%.

Capital Southwest Company Profile

Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, industry consolidation, recapitalizations and growth capital investments.