Short Interest in Stellus Capital Investment Co. (NYSE:SCM) Grows By 72.6%

Stellus Capital Investment Co. (NYSE:SCM - Get Free Report) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 326,800 shares, a growth of 72.6% from the January 31st total of 189,300 shares. Based on an average trading volume of 142,700 shares, the short-interest ratio is currently 2.3 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. ORG Partners LLC purchased a new stake in Stellus Capital Investment in the 4th quarter worth approximately $29,000. Farther Finance Advisors LLC boosted its stake in shares of Stellus Capital Investment by 27.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 13,106 shares of the investment management company's stock worth $179,000 after acquiring an additional 2,862 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Stellus Capital Investment by 70.8% during 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 period. Prime Capital Investment Advisors LLC acquired a new stake in shares of Stellus Capital Investment during the 3rd quarter valued at about $223,000. Finally, Paloma Partners Management Co purchased a new position in shares of Stellus Capital Investment in the 3rd quarter valued at about $226,000. Hedge funds and other institutional investors own 13.22% of the company's stock.

Stellus Capital Investment Stock Performance

SCM traded down $1.30 on Wednesday, reaching $13.81. 922,761 shares of the stock were exchanged, compared to its average volume of 161,320. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.29 and a quick ratio of 0.29. The company's 50-day moving average price is $14.55 and its 200 day moving average price is $14.06. The firm has a market capitalization of $373.67 million, a PE ratio of 7.05 and a beta of 1.07. Stellus Capital Investment has a fifty-two week low of $12.75 and a fifty-two week high of $15.56.

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Stellus Capital Investment (NYSE:SCM - Get Free Report) last released its earnings results on Tuesday, March 4th. The investment management company reported $0.37 EPS for the quarter, missing analysts' consensus estimates of $0.41 by ($0.04). Stellus Capital Investment had a return on equity of 13.49% and a net margin of 45.39%. The firm had revenue of $25.62 million for the quarter, compared to analyst estimates of $26.60 million. As a group, sell-side analysts forecast that Stellus Capital Investment will post 1.74 EPS for the current fiscal year.

Stellus Capital Investment Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were issued a $0.1333 dividend. This represents a dividend yield of 10.88%. The ex-dividend date was Friday, January 31st. Stellus Capital Investment's dividend payout ratio (DPR) is currently 81.63%.

Stellus Capital Investment Company Profile

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.