SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ:SSSSL – Get Free Report) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 2,617 shares, an increase of 52,240.0% from the February 26th total of 5 shares. Based on an average trading volume of 4,281 shares, the short-interest ratio is presently 0.6 days.
SuRo Capital Corp. 6.00% Notes due 2026 Stock Performance
Shares of NASDAQ:SSSSL opened at $25.05 on Thursday. SuRo Capital Corp. 6.00% Notes due 2026 has a 52 week low of $24.20 and a 52 week high of $25.35. The firm has a 50 day simple moving average of $25.05 and a 200 day simple moving average of $24.97.
SuRo Capital Corp. 6.00% Notes due 2026 Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Sunday, March 15th will be paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Friday, March 13th.
About SuRo Capital Corp. 6.00% Notes due 2026
SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ: SSSSL) are senior unsecured debt securities issued by SuRo Capital Corp., a closed-end, non-diversified management investment company that qualifies as a business development company under the Investment Company Act of 1940. The notes carry a fixed annual interest rate of 6.00%, payable semiannually, and will mature in May 2026. They trade on the Nasdaq Global Market under the ticker symbol SSSSL, offering investors a fixed-income vehicle linked to the investment operations of a publicly registered BDC.
SuRo Capital Corp.
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