SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ:SSSSL) Sees Large Increase in Short Interest

SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ:SSSSL) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 18,566 shares, a growth of 820.9% from the May 31st total of 2,016 shares. Based on an average daily trading volume, of 20,403 shares, the days-to-cover ratio is presently 0.9 days.

SuRo Capital Corp. 6.00% Notes due 2026 Stock Down 0.3%

Shares of NASDAQ:SSSSL opened at $24.84 on Friday. SuRo Capital Corp. 6.00% Notes due 2026 has a fifty-two week low of $24.44 and a fifty-two week high of $25.55. The firm’s 50-day simple moving average is $25.09 and its 200-day simple moving average is $25.05.

SuRo Capital Corp. 6.00% Notes due 2026 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Monday, June 15th.

SuRo Capital Corp. 6.00% Notes due 2026 Company Profile

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.