TICC Capital Corp. Sees Significant Decrease in Short Interest (TICC)
Shares of TICC Capital Corp. (NASDAQ:TICC) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totalling 392,963 shares, a drop of 35.2% from the July 15th total of 606,421 shares, AR Network reports. Based on an average daily volume of 367,147 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.7% of the shares of the company are short sold.
TICC Capital Corp. (NASDAQ:TICC) opened at 9.72 on Friday. TICC Capital Corp. has a 52 week low of $9.18 and a 52 week high of $10.85. The stock has a 50-day moving average of $9.71 and a 200-day moving average of $9.81. The company has a market cap of $585.8 million and a price-to-earnings ratio of 9.01.
TICC Capital Corp. (NASDAQ:TICC) last announced its earnings results on Thursday, August 7th. The company reported $0.28 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.28. During the same quarter last year, the company posted $0.30 earnings per share. On average, analysts predict that TICC Capital Corp. will post $1.13 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 30th. Investors of record on Tuesday, September 16th will be given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 11.93%. The ex-dividend date of this dividend is Friday, September 12th.
TICC Capital Corp. (NASDAQ:TICC) is non-diversified, closed-end investment company.
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