Stellus Capital Investment Co. (NYSE:SCM) Short Interest Update

Stellus Capital Investment Co. (NYSE:SCM - Get Free Report) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 147,100 shares, a decrease of 20.8% from the December 31st total of 185,800 shares. Based on an average daily volume of 150,300 shares, the short-interest ratio is presently 1.0 days.

Stellus Capital Investment Stock Down 0.9 %

SCM stock traded down $0.13 during midday trading on Wednesday, hitting $14.49. The company's stock had a trading volume of 102,217 shares, compared to its average volume of 132,664. The company has a market cap of $392.10 million, a PE ratio of 7.39 and a beta of 1.12. Stellus Capital Investment has a 12 month low of $12.48 and a 12 month high of $15.05. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 1.15. The firm's 50-day moving average is $13.97 and its 200-day moving average is $13.90.

Stellus Capital Investment (NYSE:SCM - Get Free Report) last released its earnings results on Thursday, November 7th. The investment management company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.06). Stellus Capital Investment had a net margin of 45.39% and a return on equity of 13.49%. The company had revenue of $26.50 million for the quarter, compared to analysts' expectations of $27.36 million. During the same quarter last year, the firm posted $0.49 earnings per share. On average, equities research analysts forecast that Stellus Capital Investment will post 1.74 earnings per share for the current fiscal year.

Stellus Capital Investment Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, February 14th. Shareholders of record on Monday, February 3rd will be given a dividend of $0.1333 per share. The ex-dividend date is Friday, January 31st. This represents a dividend yield of 10.88%. Stellus Capital Investment's dividend payout ratio (DPR) is presently 81.63%.

Institutional Trading of Stellus Capital Investment

A number of hedge funds have recently bought and sold shares of SCM. ORG Partners LLC acquired a new position in shares of Stellus Capital Investment in the 4th quarter valued at $29,000. Farther Finance Advisors LLC lifted its stake in Stellus Capital Investment by 27.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 13,106 shares of the investment management company's stock valued at $179,000 after buying an additional 2,862 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Stellus Capital Investment by 70.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,949 shares of the investment management company's stock valued at $205,000 after acquiring an additional 6,197 shares during the last quarter. Prime Capital Investment Advisors LLC acquired a new stake in shares of Stellus Capital Investment during the 3rd quarter worth approximately $223,000. Finally, Paloma Partners Management Co acquired a new stake in Stellus Capital Investment in the 3rd quarter valued at approximately $226,000. Hedge funds and other institutional investors own 13.22% of the company's stock.

About Stellus Capital Investment

Stellus Capital Investment Corporation is a business development company specializing in investments in private middle-market companies. It invests through first lien, second lien, unitranche, and mezzanine debt financing, often with a corresponding equity investment. The fund prefers to invest in US and Canada.