SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ:SSSSL – Get Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 1,255 shares, a growth of 1,892.1% from the April 30th total of 63 shares. Based on an average daily trading 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
NASDAQ:SSSSL traded up $0.06 during trading hours on Wednesday, reaching $25.11. The stock had a trading volume of 816 shares, compared to its average volume of 2,982. The company 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 has a 52 week low of $24.44 and a 52 week high of $25.35.
SuRo Capital Corp. 6.00% Notes due 2026 Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Sunday, March 15th were paid a $0.375 dividend. The ex-dividend date was Friday, March 13th. This represents a $1.50 dividend on an annualized basis 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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