Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Short Interest Update

Bain Capital Specialty Finance, Inc. (NYSE:BCSF) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 469,500 shares, a growth of 62.1% from the December 15th total of 289,600 shares. Currently, 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 182,400 shares, the short-interest ratio is presently 2.6 days.

Bain Capital Specialty Finance Trading Down 0.2 %

Shares of BCSF traded down $0.03 during midday trading on Friday, reaching $17.39. The company had a trading volume of 79,193 shares, compared to its average volume of 182,006. Bain Capital Specialty Finance has a 1-year low of $14.77 and a 1-year high of $17.97. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.13. The firm has a 50 day simple moving average of $17.14 and a 200-day simple moving average of $16.80. The stock has a market cap of $1.12 billion, a PE ratio of 8.74 and a beta of 1.10.

Bain Capital Specialty Finance (NYSE:BCSF) last issued its earnings results on Tuesday, November 5th. The company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.03. Bain Capital Specialty Finance had a net margin of 43.62% and a return on equity of 11.90%. The company had revenue of $72.54 million for the quarter. During the same period last year, the firm earned $0.55 earnings per share. Research analysts forecast that Bain Capital Specialty Finance will post 2.06 EPS for the current fiscal year.

Institutional Investors Weigh In On Bain Capital Specialty Finance

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Confluence Investment Management LLC grew its holdings in shares of Bain Capital Specialty Finance by 0.9% during the 3rd quarter. Confluence Investment Management LLC now owns 119,547 shares of the company’s stock worth $1,984,000 after purchasing an additional 1,028 shares during the period. Cooper Financial Group lifted its position in Bain Capital Specialty Finance by 7.5% in the fourth quarter. Cooper Financial Group now owns 15,064 shares of the company’s stock valued at $264,000 after buying an additional 1,053 shares during the last quarter. Prairiewood Capital LLC increased its position in shares of Bain Capital Specialty Finance by 8.6% during the fourth quarter. Prairiewood Capital LLC now owns 15,211 shares of the company’s stock valued at $266,000 after acquiring an additional 1,201 shares during the last quarter. Quarry LP raised its stake in shares of Bain Capital Specialty Finance by 74.2% in the 2nd quarter. Quarry LP now owns 2,976 shares of the company’s stock valued at $49,000 after acquiring an additional 1,268 shares during the period. Finally, Redhawk Wealth Advisors Inc. lifted its position in shares of Bain Capital Specialty Finance by 2.4% during the third quarter. Redhawk Wealth Advisors Inc. now owns 73,506 shares of the company’s stock worth $1,220,000 after purchasing an additional 1,716 shares in the last quarter.

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.