Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Short Interest Up 15.7% in December

Bain Capital Specialty Finance, Inc. (NYSE:BCSF) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 289,600 shares, a growth of 15.7% from the November 30th total of 250,200 shares. Based on an average daily volume of 174,900 shares, the short-interest ratio is presently 1.7 days. Currently, 0.5% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. International Assets Investment Management LLC increased its stake in shares of Bain Capital Specialty Finance by 1,551.4% during the 3rd quarter. International Assets Investment Management LLC now owns 526,706 shares of the company’s stock worth $87,430,000 after purchasing an additional 494,812 shares during the last quarter. Van ECK Associates Corp lifted its position in shares of Bain Capital Specialty Finance by 18.4% in the second quarter. Van ECK Associates Corp now owns 1,049,379 shares of the company’s stock valued at $17,116,000 after buying an additional 162,956 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Bain Capital Specialty Finance by 47.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 224,528 shares of the company’s stock worth $3,727,000 after acquiring an additional 71,806 shares during the period. First National Trust Co lifted its holdings in Bain Capital Specialty Finance by 189.6% during the 3rd quarter. First National Trust Co now owns 91,690 shares of the company’s stock valued at $1,522,000 after purchasing an additional 60,024 shares during the last quarter. Finally, Deerfield Management Company L.P. Series C boosted its position in Bain Capital Specialty Finance by 213.8% during the second quarter. Deerfield Management Company L.P. Series C now owns 79,569 shares of the company’s stock worth $1,298,000 after purchasing an additional 54,213 shares during the period.

Bain Capital Specialty Finance Stock Up 1.0 %

BCSF traded up $0.17 during trading hours on Monday, hitting $17.87. 312,422 shares of the company’s stock were exchanged, compared to its average volume of 229,281. 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 1-year low of $14.75 and a 1-year high of $17.97. The stock’s 50-day moving average is $16.97 and its two-hundred day moving average is $16.72. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of 8.98 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 for the quarter, beating the consensus estimate of $0.50 by $0.03. Bain Capital Specialty Finance had a return on equity of 11.90% and a net margin of 43.62%. The company had revenue of $72.54 million during the quarter. During the same quarter in the previous year, the business earned $0.55 EPS. Sell-side analysts predict 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.