Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Short Interest Down 32.8% in November

Bain Capital Specialty Finance, Inc. (NYSE:BCSF) was the target of a significant decrease in short interest in November. As of November 30th, there was short interest totalling 250,200 shares, a decrease of 32.8% from the November 15th total of 372,300 shares. Based on an average trading volume of 170,200 shares, the short-interest ratio is currently 1.5 days. Approximately 0.4% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $17.00 price objective on shares of Bain Capital Specialty Finance in a research report on Wednesday, August 21st.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Quarry LP grew its position in Bain Capital Specialty Finance by 74.2% during the second quarter. Quarry LP now owns 2,976 shares of the company’s stock valued at $49,000 after buying an additional 1,268 shares during the period. Quantbot Technologies LP acquired a new position in shares of Bain Capital Specialty Finance in the third quarter valued at about $136,000. BOKF NA acquired a new position in Bain Capital Specialty Finance in the 2nd quarter worth about $159,000. Farther Finance Advisors LLC purchased a new stake in Bain Capital Specialty Finance during the 3rd quarter worth approximately $182,000. Finally, Centiva Capital LP purchased a new stake in Bain Capital Specialty Finance in the 3rd quarter valued at $199,000.

Bain Capital Specialty Finance Price Performance

NYSE:BCSF traded down $0.05 during trading hours on Friday, hitting $17.24. 106,618 shares of the company’s stock traded hands, compared to its average volume of 230,517. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.13. Bain Capital Specialty Finance has a 52 week low of $14.75 and a 52 week high of $17.36. The business’s fifty day simple moving average is $16.83 and its two-hundred day simple moving average is $16.66. The firm has a market cap of $1.11 billion, a P/E ratio of 8.69 and a beta of 1.12.

Bain Capital Specialty Finance (NYSE:BCSF) last announced its quarterly earnings data on Tuesday, November 5th. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.03. The firm had revenue of $72.54 million for the quarter. Bain Capital Specialty Finance had a return on equity of 11.90% and a net margin of 43.62%. During the same period last year, the business posted $0.55 earnings per share. On average, research analysts anticipate that Bain Capital Specialty Finance will post 2.06 earnings per share for the current fiscal year.

About Bain Capital Specialty Finance

Bain Capital Specialty Finance, Inc is business development company specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt.