Fidus Investment (NASDAQ:FDUS) Sets New 1-Year High – Here’s What Happened

Shares of Fidus Investment Co. (NASDAQ:FDUS) reached a new 52-week high on Tuesday . The stock traded as high as $23.39 and last traded at $23.42, with a volume of 125670 shares traded. The stock had previously closed at $23.09.

Fidus Investment Trading Up 0.3 %

The business has a 50-day moving average price of $21.63 and a 200 day moving average price of $20.53. The stock has a market cap of $795.08 million, a PE ratio of 8.37 and a beta of 1.39.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Transce3nd LLC bought a new position in Fidus Investment in the 4th quarter worth about $32,000. Promus Capital LLC bought a new position in Fidus Investment in the 4th quarter worth about $43,000. McIlrath & Eck LLC bought a new position in Fidus Investment in the 3rd quarter worth about $59,000. Millstone Evans Group LLC bought a new position in Fidus Investment in the 4th quarter worth about $77,000. Finally, Farther Finance Advisors LLC increased its position in shares of Fidus Investment by 23.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 7,467 shares of the asset manager’s stock valued at $146,000 after purchasing an additional 1,426 shares during the last quarter. Hedge funds and other institutional investors own 28.14% of the company’s stock.

About Fidus Investment

Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans.