Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) Short Interest Up 115.0% in January

Nuveen Churchill Direct Lending Corp. (NYSE:NCDL - Get Free Report) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 70,300 shares, an increase of 115.0% from the December 31st total of 32,700 shares. Based on an average daily volume of 272,700 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the shares of the stock are short sold.

Nuveen Churchill Direct Lending Trading Down 0.1 %

Shares of NCDL stock traded down $0.02 on Tuesday, reaching $17.30. The company had a trading volume of 72,930 shares, compared to its average volume of 297,093. Nuveen Churchill Direct Lending has a 12 month low of $16.00 and a 12 month high of $18.10. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.10. The stock has a market cap of $942.68 million and a PE ratio of 7.39. The company has a 50-day moving average of $16.96 and a 200-day moving average of $17.20.

Nuveen Churchill Direct Lending (NYSE:NCDL - Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.01. Nuveen Churchill Direct Lending had a net margin of 53.56% and a return on equity of 12.72%. The company had revenue of $60.28 million during the quarter, compared to analysts' expectations of $58.40 million. On average, equities analysts forecast that Nuveen Churchill Direct Lending will post 2.28 earnings per share for the current year.

Nuveen Churchill Direct Lending Dividend Announcement

The company also recently declared a -- dividend, which was paid on Tuesday, January 28th. Shareholders of record on Tuesday, December 31st were paid a $0.10 dividend. This represents a yield of 10.5%. The ex-dividend date was Tuesday, December 31st. Nuveen Churchill Direct Lending's dividend payout ratio is currently 76.92%.

Insider Transactions at Nuveen Churchill Direct Lending

In other news, CEO Kenneth J. Kencel bought 20,000 shares of the company's stock in a transaction dated Monday, December 2nd. The stock was bought at an average price of $17.37 per share, for a total transaction of $347,400.00. Following the completion of the transaction, the chief executive officer now directly owns 20,000 shares in the company, valued at $347,400. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.53% of the stock is owned by insiders.

Institutional Trading of Nuveen Churchill Direct Lending

Large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of Nuveen Churchill Direct Lending by 1,045,043.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 386,703 shares of the company's stock worth $6,736,000 after purchasing an additional 386,666 shares in the last quarter. Ieq Capital LLC acquired a new stake in Nuveen Churchill Direct Lending during the fourth quarter worth about $4,798,000. Opal Wealth Advisors LLC increased its holdings in Nuveen Churchill Direct Lending by 105.6% in the 4th quarter. Opal Wealth Advisors LLC now owns 400,231 shares of the company's stock valued at $6,716,000 after buying an additional 205,593 shares during the period. Hennion & Walsh Asset Management Inc. raised its position in shares of Nuveen Churchill Direct Lending by 99.7% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 157,803 shares of the company's stock valued at $2,749,000 after buying an additional 78,785 shares in the last quarter. Finally, Aprio Wealth Management LLC lifted its holdings in shares of Nuveen Churchill Direct Lending by 104.1% during the 4th quarter. Aprio Wealth Management LLC now owns 111,604 shares of the company's stock worth $1,873,000 after acquiring an additional 56,916 shares during the period.

Nuveen Churchill Direct Lending Company Profile

Nuveen Churchill Direct Lending Corp. is a specialty finance company focused primarily on investing in senior secured loans to private equity-owned U.S. middle market companies. It has elected to be regulated as a business development company. Nuveen Churchill Direct Lending Corp. is based in NEW YORK.