Equus Total Return, Inc. (NYSE:EQS) Sees Large Growth in Short Interest

Equus Total Return, Inc. (NYSE:EQS) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 7,303 shares, an increase of 446.6% from the September 15th total of 1,336 shares. Based on an average daily volume of 10,389 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.1% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Equus Total Return in a research report on Tuesday, September 29th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, Equus Total Return currently has an average rating of “Sell”.

Equus Total Return Stock Performance

Shares of NYSE:EQS traded up $0.01 during midday trading on Friday, hitting $0.81. The stock had a trading volume of 4,237 shares, compared to its average volume of 17,800. Equus Total Return has a 1 year low of $0.77 and a 1 year high of $2.29. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.14. The stock has a 50 day moving average price of $1.02 and a two-hundred day moving average price of $1.22. The company has a market capitalization of $11.32 million, a PE ratio of -0.58 and a beta of 0.09.

Equus Total Return (NYSE:EQS) last posted its quarterly earnings results on Friday, August 14th. The investment management company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $0.32 million for the quarter. Equus Total Return had a negative return on equity of 14.25% and a negative net margin of 1,408.24%.

About Equus Total Return

Equus Total Return, Inc (NYSE:EQS) is a closed-end investment company that seeks long-term capital appreciation and, to a lesser extent, current income through investments in privately held and other small- to middle-market companies.

The company has historically provided capital to businesses through a combination of equity securities, subordinated debt and other investment instruments. Its investment activities have included growth financing, recapitalizations, acquisitions, buyouts and other transactions designed to support the development or restructuring of portfolio companies.

Equus Total Return was formerly known as Equus II Incorporated and has historically focused primarily on investment opportunities in the United States.