Blue Owl Capital Co. III (NYSE:OBDE) Short Interest Down 82.1% in December

Blue Owl Capital Co. III (NYSE:OBDE) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totalling 28,900 shares, a drop of 82.1% from the November 30th total of 161,600 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 280,400 shares, the days-to-cover ratio is currently 0.1 days.

Blue Owl Capital Co. III Stock Up 0.4 %

NYSE:OBDE traded up $0.06 on Friday, reaching $15.25. 739,567 shares of the stock traded hands, compared to its average volume of 152,554. The company’s fifty day simple moving average is $14.76 and its 200 day simple moving average is $14.67. The company has a market capitalization of $1.88 billion and a price-to-earnings ratio of 8.66. Blue Owl Capital Co. III has a 12 month low of $13.60 and a 12 month high of $16.80. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 1.28.

Blue Owl Capital Co. III Dividend Announcement

The firm also recently disclosed a — dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be given a $0.06 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a yield of 9.4%. Blue Owl Capital Co. III’s dividend payout ratio (DPR) is presently 79.55%.

Institutional Trading of Blue Owl Capital Co. III

Several institutional investors have recently added to or reduced their stakes in OBDE. Sunbelt Securities Inc. purchased a new stake in Blue Owl Capital Co. III in the second quarter worth approximately $132,000. XTX Topco Ltd bought a new position in shares of Blue Owl Capital Co. III during the 3rd quarter valued at $148,000. Chicago Partners Investment Group LLC grew its holdings in shares of Blue Owl Capital Co. III by 86.9% in the third quarter. Chicago Partners Investment Group LLC now owns 36,212 shares of the company’s stock worth $521,000 after acquiring an additional 16,838 shares during the period. Ariadne Wealth Management LP purchased a new stake in Blue Owl Capital Co. III during the second quarter valued at $689,000. Finally, Gilbert & Cook Inc. increased its position in Blue Owl Capital Co. III by 241.1% during the second quarter. Gilbert & Cook Inc. now owns 51,077 shares of the company’s stock valued at $765,000 after acquiring an additional 36,101 shares during the last quarter.

About Blue Owl Capital Co. III

Blue Owl Capital Corporation is a specialty finance company focused on lending to U.S. middle-market companies. Blue Owl Capital Corporation is based in NEW YORK.