Capital Southwest Co. (NASDAQ:CSWC) Short Interest Update

Capital Southwest Co. (NASDAQ:CSWC - Get Free Report) was the target of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 1,330,000 shares, an increase of 10.8% from the November 15th total of 1,200,000 shares. Based on an average daily volume of 384,300 shares, the short-interest ratio is presently 3.5 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Creative Planning raised its stake in shares of Capital Southwest by 4.2% in the third quarter. Creative Planning now owns 11,161 shares of the asset manager's stock valued at $282,000 after purchasing an additional 452 shares in the last quarter. Hollencrest Capital Management increased its holdings in Capital Southwest by 8.6% in the 3rd quarter. Hollencrest Capital Management now owns 6,527 shares of the asset manager's stock valued at $165,000 after buying an additional 518 shares during the period. First Dallas Securities Inc. raised its stake in shares of Capital Southwest by 1.5% in the 2nd quarter. First Dallas Securities Inc. now owns 54,223 shares of the asset manager's stock valued at $1,415,000 after buying an additional 775 shares in the last quarter. Confluence Investment Management LLC lifted its holdings in shares of Capital Southwest by 1.3% during the 3rd quarter. Confluence Investment Management LLC now owns 98,463 shares of the asset manager's stock worth $2,490,000 after acquiring an additional 1,251 shares during the period. Finally, Benjamin F. Edwards & Company Inc. boosted its position in shares of Capital Southwest by 1.8% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 69,218 shares of the asset manager's stock valued at $1,806,000 after acquiring an additional 1,253 shares in the last quarter. Institutional investors own 23.42% of the company's stock.

Analyst Ratings Changes

Separately, B. Riley lifted their price objective on shares of Capital Southwest from $24.00 to $24.50 and gave the stock a "neutral" rating in a research report on Wednesday, October 30th.

Capital Southwest Stock Down 0.8 %

NASDAQ CSWC traded down $0.18 during trading on Friday, reaching $21.73. The company's stock had a trading volume of 997,191 shares, compared to its average volume of 341,612. The business has a 50-day moving average price of $23.89 and a 200-day moving average price of $24.89. Capital Southwest has a 1-year low of $21.63 and a 1-year high of $27.23. The stock has a market capitalization of $1.04 billion, a PE ratio of 13.25 and a beta of 1.23. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.35.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last announced its quarterly earnings results on Monday, October 28th. The asset manager reported $0.66 EPS for the quarter, beating the consensus estimate of $0.65 by $0.01. Capital Southwest had a return on equity of 15.54% and a net margin of 37.77%. The company had revenue of $48.71 million for the quarter, compared to the consensus estimate of $49.79 million. During the same quarter last year, the company posted $0.69 earnings per share. On average, research analysts forecast that Capital Southwest will post 2.54 earnings per share for the current fiscal year.

Capital Southwest Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 11.60%. The ex-dividend date is Friday, December 13th. Capital Southwest's dividend payout ratio (DPR) is currently 141.46%.

About Capital Southwest

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.