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 decrease in short interest during the month of October. As of October 15th, there was short interest totalling 229,200 shares, a decrease of 37.8% from the September 30th total of 368,300 shares. Based on an average daily volume of 185,500 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.4% of the company's shares are sold short.

Hedge Funds Weigh In On Bain Capital Specialty Finance

Hedge funds have recently made changes to their positions in the business. Quarry LP raised its holdings in shares of Bain Capital Specialty Finance by 74.2% during the 2nd 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. Register Financial Advisors LLC purchased a new stake in shares of Bain Capital Specialty Finance during the second quarter valued at approximately $130,000. BOKF NA acquired a new position in shares of Bain Capital Specialty Finance during the second quarter worth $159,000. Lazard Asset Management LLC boosted its stake in shares of Bain Capital Specialty Finance by 58.5% in the first quarter. Lazard Asset Management LLC now owns 12,410 shares of the company's stock valued at $194,000 after purchasing an additional 4,581 shares during the period. Finally, Cooper Financial Group boosted its stake in shares of Bain Capital Specialty Finance by 10.3% in the second quarter. Cooper Financial Group now owns 12,791 shares of the company's stock valued at $209,000 after purchasing an additional 1,195 shares during the period.

Analyst Ratings Changes

BCSF has been the topic of several recent analyst reports. Keefe, Bruyette & Woods reiterated a "market perform" rating and set a $17.00 price objective on shares of Bain Capital Specialty Finance in a report on Wednesday, August 21st. Wells Fargo & Company cut their price target on shares of Bain Capital Specialty Finance from $18.00 to $17.00 and set an "overweight" rating on the stock in a research note on Thursday, August 8th.

Bain Capital Specialty Finance Trading Down 0.7 %

NYSE:BCSF traded down $0.12 on Friday, hitting $16.74. 74,744 shares of the stock were exchanged, compared to its average volume of 236,439. The stock has a fifty day moving average of $16.80 and a 200-day moving average of $16.52. The stock has a market cap of $1.08 billion, a PE ratio of 8.37 and a beta of 1.13. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 1.03. Bain Capital Specialty Finance has a fifty-two week low of $14.64 and a fifty-two week high of $17.25.

Bain Capital Specialty Finance (NYSE:BCSF - Get Free Report) last posted its earnings results on Tuesday, August 6th. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.47 by $0.04. The firm had revenue of $72.27 million during the quarter. Bain Capital Specialty Finance had a net margin of 43.90% and a return on equity of 12.09%. During the same period last year, the company posted $0.60 EPS. As a group, equities analysts expect that Bain Capital Specialty Finance will post 2.03 earnings per share for the current fiscal year.

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.