PennantPark Floating Rate Capital Short Interest Down 88.6% in July (PFLT)
Shares of PennantPark Floating Rate Capital (NASDAQ:PFLT) saw a large decrease in short interest in July. As of July 15th, there was short interest totalling 96,854 shares, a decrease of 88.6% from the June 30th total of 852,880 shares, StockRatingsNetwork.com reports. Approximately 0.7% of the company’s shares are sold short. Based on an average daily volume of 95,369 shares, the short-interest ratio is presently 1.0 days.
PennantPark Floating Rate Capital (NASDAQ:PFLT) opened at 13.92 on Wednesday. PennantPark Floating Rate Capital has a 52 week low of $12.71 and a 52 week high of $14.44. The stock has a 50-day moving average of $14.0 and a 200-day moving average of $13.89.
PennantPark Floating Rate Capital (NASDAQ:PFLT) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.25 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.29 by $0.04. On average, analysts predict that PennantPark Floating Rate Capital will post $1.05 earnings per share for the current fiscal year.
The company also recently announced a jul 14 dividend, which is scheduled for Friday, August 1st. Shareholders of record on Friday, July 18th will be paid a dividend of $0.09 per share. This represents a dividend yield of 7.64%. The ex-dividend date is Wednesday, July 16th.
PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) is a development-stage company.
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