Pearl Diver Credit Company Inc. (NYSE:PDCC) Short Interest Down 45.6% in January

Pearl Diver Credit Company Inc. (NYSE:PDCCGet Free Report) saw a large decrease in short interest in January. As of January 30th, there was short interest totaling 503 shares, a decrease of 45.6% from the January 15th total of 924 shares. Based on an average daily trading volume, of 3,355 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 3,355 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Pearl Diver Credit

An institutional investor recently raised its position in Pearl Diver Credit stock. Kingswood Wealth Advisors LLC grew its holdings in Pearl Diver Credit Company Inc. (NYSE:PDCCFree Report) by 0.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 89,484 shares of the company’s stock after acquiring an additional 799 shares during the period. Kingswood Wealth Advisors LLC owned about 1.32% of Pearl Diver Credit worth $1,247,000 at the end of the most recent quarter.

Pearl Diver Credit Price Performance

Shares of PDCC stock traded down $0.64 during trading hours on Friday, reaching $12.84. 9,197 shares of the company’s stock were exchanged, compared to its average volume of 4,780. Pearl Diver Credit has a 1 year low of $12.68 and a 1 year high of $21.30. The stock’s fifty day moving average price is $14.13 and its two-hundred day moving average price is $15.64.

Pearl Diver Credit (NYSE:PDCCGet Free Report) last released its earnings results on Tuesday, November 18th. The company reported $0.44 EPS for the quarter. The company had revenue of $5.41 million during the quarter.

Pearl Diver Credit Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be given a $0.22 dividend. The ex-dividend date is Friday, May 15th. This represents a c) dividend on an annualized basis and a yield of 20.6%.

About Pearl Diver Credit

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Pearl Diver Credit Company Inc is a newly organized, externally managed, non-diversified, closed-end management investment company. Its primary investment objective is to maximize its portfolio’s total return, with a secondary objective of generating high current income. Pearl Diver Credit Company Inc is based in NEW YORK.

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