Short Interest in SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ:SSSSL) Rises By 1,892.1%

SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ:SSSSL) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,255 shares, an increase of 1,892.1% from the April 30th total of 63 shares. Based on an average trading volume of 1,273 shares, the days-to-cover ratio is presently 1.0 days.

SuRo Capital Corp. 6.00% Notes due 2026 Price Performance

SSSSL stock traded up $0.06 during midday trading on Wednesday, hitting $25.11. 816 shares of the company’s stock were exchanged, compared to its average volume of 2,982. SuRo Capital Corp. 6.00% Notes due 2026 has a 1-year low of $24.44 and a 1-year high of $25.35. The business has a 50-day simple moving average of $25.06 and a two-hundred day simple moving average of $25.03.

SuRo Capital Corp. 6.00% Notes due 2026 Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Sunday, March 15th were issued a $0.375 dividend. The ex-dividend date was Friday, March 13th. This represents a $1.50 dividend on an annualized basis and a yield of 6.0%.

SuRo Capital Corp. 6.00% Notes due 2026 Company Profile

SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ: SSSSL) are senior unsecured debt securities issued by SuRo Capital Corp., a closed-end, non-diversified management investment company that qualifies as a business development company under the Investment Company Act of 1940. The notes carry a fixed annual interest rate of 6.00%, payable semiannually, and will mature in May 2026. They trade on the Nasdaq Global Market under the ticker symbol SSSSL, offering investors a fixed-income vehicle linked to the investment operations of a publicly registered BDC.

SuRo Capital Corp.