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Portman Ridge Finance (PTMN) News Today

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$16.97 -0.36 (-2.08%)
(As of 11/20/2024 ET)
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Keefe, Bruyette & Woods Cuts Portman Ridge Finance (NASDAQ:PTMN) Price Target to $18.00
Keefe, Bruyette & Woods reduced their price target on shares of Portman Ridge Finance from $19.00 to $18.00 and set a "market perform" rating on the stock in a research report on Thursday.
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Portman Ridge Finance Co. (NASDAQ:PTMN) Plans $0.69 Quarterly Dividend
Portman Ridge Finance Co. (NASDAQ:PTMN) declared a quarterly dividend on Thursday, November 7th. Stockholders of record on Tuesday, November 19th will be given a dividend of 0.69 per share on Friday, November 29th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 15.42%. The ex-dividend date is Tuesday, November 19th.
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International Assets Investment Management LLC Raises Stock Position in Portman Ridge Finance Co. (NASDAQ:PTMN)
International Assets Investment Management LLC grew its holdings in Portman Ridge Finance Co. (NASDAQ:PTMN - Free Report) by 1,340.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 43,166 shares of the compa
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Portman Ridge Finance Co. (NASDAQ:PTMN) Short Interest Down 33.6% in September
Portman Ridge Finance Co. (NASDAQ:PTMN - Get Free Report) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totalling 27,700 shares, a decline of 33.6% from the September 15th total of 41,700 shares. Based on an average trading volume of 43,300 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the shares of the company are sold short.
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Clayton Partners LLC Sells 111,159 Shares of Portman Ridge Finance Co. (NASDAQ:PTMN)
Clayton Partners LLC decreased its holdings in shares of Portman Ridge Finance Co. (NASDAQ:PTMN - Free Report) by 72.4% during the second quarter, according to its most recent filing with the SEC. The firm owned 42,331 shares of the company's stock after selling 111,159 shares during the period. Cl
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Portman Ridge Finance Co. (NASDAQ:PTMN) Short Interest Down 36.9% in August
Portman Ridge Finance Co. (NASDAQ:PTMN - Get Free Report) saw a large decline in short interest in August. As of August 31st, there was short interest totalling 32,000 shares, a decline of 36.9% from the August 15th total of 50,700 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 42,400 shares, the short-interest ratio is currently 0.8 days.
PTMN Aug 2024 25.000 put (PTMN240816P00025000)
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Redhawk Wealth Advisors Inc. Buys Shares of 40,102 Portman Ridge Finance Co. (NASDAQ:PTMN)
Redhawk Wealth Advisors Inc. purchased a new position in shares of Portman Ridge Finance Co. (NASDAQ:PTMN - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 40,102 shares of the compa
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Portman Ridge Finance (NASDAQ:PTMN) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS
Portman Ridge Finance (NASDAQ:PTMN - Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.69 by $0.01. The company had revenue of $16.34 million for the quarter, compared to the consensus estimate of $16.68 million. Portman Ridge Finance had a return on equity of 15.21% and a net margin of 21.81%. During the same period in the previous year, the business posted $0.83 EPS.
Portman Ridge Finance Corporation (KJ7A.F)
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Short Interest in Portman Ridge Finance Co. (NASDAQ:PTMN) Rises By 29.1%
Portman Ridge Finance Co. (NASDAQ:PTMN - Get Free Report) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 22,200 shares, an increase of 29.1% from the May 31st total of 17,200 shares. Approximately 0.2% of the company's stock are sold short. Based on an average trading volume of 41,900 shares, the short-interest ratio is currently 0.5 days.
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Confluence Investment Management LLC Acquires New Holdings in Portman Ridge Finance Co. (NASDAQ:PTMN)
Confluence Investment Management LLC acquired a new stake in shares of Portman Ridge Finance Co. (NASDAQ:PTMN - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 58,60
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Privium Fund Management UK Ltd Invests $1.79 Million in Portman Ridge Finance Co. (NASDAQ:PTMN)
Privium Fund Management UK Ltd purchased a new stake in shares of Portman Ridge Finance Co. (NASDAQ:PTMN - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 97,900 shares of the company's stock, valued at approximately
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Portman Ridge Finance Co. (NASDAQ:PTMN) Shares Purchased by International Assets Investment Management LLC
International Assets Investment Management LLC grew its holdings in shares of Portman Ridge Finance Co. (NASDAQ:PTMN - Free Report) by 1,719.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 58,153 shares of the company's stock after purchasing
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Portman Ridge Finance Co. (NASDAQ:PTMN) Sees Significant Decrease in Short Interest
Portman Ridge Finance Co. (NASDAQ:PTMN - Get Free Report) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totalling 19,900 shares, a drop of 54.9% from the April 15th total of 44,100 shares. Based on an average trading volume of 40,700 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company's stock are sold short.
Portman Ridge Finance Corp.
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Short Interest in Portman Ridge Finance Co. (NASDAQ:PTMN) Increases By 62.1%
Portman Ridge Finance Co. (NASDAQ:PTMN - Get Free Report) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 44,100 shares, an increase of 62.1% from the March 31st total of 27,200 shares. Based on an average daily trading volume, of 41,300 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.5% of the shares of the stock are sold short.
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International Assets Investment Management LLC Boosts Stock Holdings in Portman Ridge Finance Co. (NASDAQ:PTMN)
International Assets Investment Management LLC boosted its stake in Portman Ridge Finance Co. (NASDAQ:PTMN - Free Report) by 1,719.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 58,153 sh
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Oppenheimer Reaffirms Market Perform Rating for Portman Ridge Finance (NASDAQ:PTMN)
Oppenheimer reaffirmed a "market perform" rating and issued a $20.00 target price on shares of Portman Ridge Finance in a research report on Friday.
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Keefe, Bruyette & Woods Trims Portman Ridge Finance (NASDAQ:PTMN) Target Price to $20.00
Keefe, Bruyette & Woods lowered their price target on shares of Portman Ridge Finance from $20.50 to $20.00 and set a "market perform" rating for the company in a report on Monday.
Q4 2023 Portman Ridge Finance Corp Earnings Call
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Portman Ridge Finance Co. (NASDAQ:PTMN) Announces Quarterly Dividend of $0.69
Portman Ridge Finance Co. (NASDAQ:PTMN) announced a quarterly dividend on Wednesday, March 13th. Investors of record on Monday, March 25th will be given a dividend of 0.69 per share on Tuesday, April 2nd. This represents a $2.76 annualized dividend and a yield of 14.80%. The ex-dividend date is Friday, March 22nd.
Portman Ridge Finance Corp
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Portman Ridge Finance Co. (NASDAQ:PTMN) Short Interest Update
Portman Ridge Finance Co. (NASDAQ:PTMN - Get Free Report) was the target of a significant decline in short interest during the month of February. As of February 29th, there was short interest totalling 19,300 shares, a decline of 43.2% from the February 14th total of 34,000 shares. Currently, 0.2% of the company's stock are sold short. Based on an average trading volume of 37,200 shares, the days-to-cover ratio is presently 0.5 days.
Earnings Outlook For Portman Ridge Finance
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74,866 Shares in Portman Ridge Finance Co. (NASDAQ:PTMN) Purchased by Kennedy Capital Management LLC
Kennedy Capital Management LLC purchased a new position in shares of Portman Ridge Finance Co. (NASDAQ:PTMN - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 74,866 shares of the com
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Portman Ridge Finance Co. (NASDAQ:PTMN) Sees Large Growth in Short Interest
Portman Ridge Finance Co. (NASDAQ:PTMN - Get Free Report) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 36,900 shares, a growth of 34.7% from the December 31st total of 27,400 shares. Based on an average daily trading volume, of 58,900 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.4% of the shares of the stock are sold short.
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Portman Ridge Finance Co. (NASDAQ:PTMN) Short Interest Down 23.7% in December
Portman Ridge Finance Co. (NASDAQ:PTMN - Get Free Report) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 27,400 shares, a drop of 23.7% from the December 15th total of 35,900 shares. Based on an average daily volume of 56,400 shares, the short-interest ratio is currently 0.5 days. Currently, 0.3% of the shares of the company are short sold.
Portman Ridge Finance Co. stock logo
Portman Ridge Finance Co. (NASDAQ:PTMN) Sees Significant Increase in Short Interest
Portman Ridge Finance Co. (NASDAQ:PTMN - Get Free Report) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 35,900 shares, an increase of 34.0% from the November 30th total of 26,800 shares. Approximately 0.4% of the company's stock are sold short. Based on an average trading volume of 50,800 shares, the short-interest ratio is currently 0.7 days.
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PTMN Media Mentions By Week

PTMN Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

PTMN
News Sentiment

-0.28

0.76

Average
Finance
News Sentiment

PTMN News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

PTMN Articles
This Week

2

1

PTMN Articles
Average Week

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This page (NASDAQ:PTMN) was last updated on 11/21/2024 by MarketBeat.com Staff
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