Fidus Investment Co. (NASDAQ:FDUS) Short Interest Update

Fidus Investment Co. (NASDAQ:FDUS - Get Free Report) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 215,700 shares, an increase of 53.0% from the January 15th total of 141,000 shares. Approximately 0.7% of the company's stock are sold short. Based on an average daily trading volume, of 194,800 shares, the short-interest ratio is presently 1.1 days.

Fidus Investment Price Performance

Fidus Investment stock traded up $0.01 during trading hours on Wednesday, hitting $23.34. The company had a trading volume of 194,404 shares, compared to its average volume of 163,688. Fidus Investment has a fifty-two week low of $18.41 and a fifty-two week high of $23.55. The firm has a market capitalization of $791.69 million, a P/E ratio of 8.34 and a beta of 1.39. The firm's fifty day moving average is $21.70 and its 200-day moving average is $20.58.

Fidus Investment Dividend Announcement

The firm also recently declared a -- dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 20th will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a dividend yield of 7.4%. Fidus Investment's dividend payout ratio (DPR) is 61.43%.

Hedge Funds Weigh In On Fidus Investment

Hedge funds have recently bought and sold shares of the business. Franklin Resources Inc. boosted its holdings in shares of Fidus Investment by 37.0% during the 3rd quarter. Franklin Resources Inc. now owns 116,472 shares of the asset manager's stock worth $2,269,000 after buying an additional 31,426 shares during the period. Farther Finance Advisors LLC boosted its holdings in Fidus Investment by 23.6% during the third quarter. Farther Finance Advisors LLC now owns 7,467 shares of the asset manager's stock valued at $146,000 after acquiring an additional 1,426 shares during the period. Van ECK Associates Corp grew its position in shares of Fidus Investment by 11.5% in the third quarter. Van ECK Associates Corp now owns 809,411 shares of the asset manager's stock valued at $15,808,000 after purchasing an additional 83,538 shares during the last quarter. Columbus Macro LLC acquired a new position in shares of Fidus Investment during the 4th quarter worth about $5,610,000. Finally, Hennion & Walsh Asset Management Inc. acquired a new stake in Fidus Investment in the 3rd quarter valued at approximately $683,000. 28.14% of the stock is owned by institutional investors and hedge funds.

Fidus Investment Company Profile

Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans.