SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ:SSSSL – Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,255 shares, an increase of 1,892.1% from the April 30th total of 63 shares. Based on an average daily volume of 1,273 shares, the days-to-cover ratio is presently 1.0 days.
SuRo Capital Corp. 6.00% Notes due 2026 Stock Performance
SuRo Capital Corp. 6.00% Notes due 2026 stock opened at $25.11 on Thursday. SuRo Capital Corp. 6.00% Notes due 2026 has a 52-week low of $24.44 and a 52-week high of $25.35. The firm has a 50 day moving average price of $25.06 and a two-hundred day moving average price of $25.03.
SuRo Capital Corp. 6.00% Notes due 2026 Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Sunday, March 15th were given a dividend of $0.375 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $1.50 annualized dividend and a dividend yield of 6.0%.
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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