Capital Southwest Co. (NASDAQ:CSWC) Sees Significant Growth in Short Interest

Capital Southwest Co. (NASDAQ:CSWC) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 713,100 shares, an increase of 10.3% from the March 31st total of 646,800 shares. Based on an average daily volume of 365,500 shares, the short-interest ratio is presently 2.0 days.

Analyst Ratings Changes

Several research firms recently weighed in on CSWC. B. Riley lifted their price target on Capital Southwest from $23.50 to $24.00 and gave the stock a “neutral” rating in a report on Wednesday, January 31st. Raymond James lifted their price target on Capital Southwest from $24.00 to $26.50 and gave the stock an “outperform” rating in a report on Wednesday, January 31st. Finally, JMP Securities reissued a “market outperform” rating and set a $26.00 price target on shares of Capital Southwest in a report on Tuesday, March 26th. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, Capital Southwest has a consensus rating of “Moderate Buy” and a consensus price target of $25.50.

Capital Southwest Price Performance

Capital Southwest stock opened at $26.18 on Thursday. The stock’s fifty day moving average price is $24.64 and its two-hundred day moving average price is $23.75. Capital Southwest has a one year low of $17.36 and a one year high of $26.34. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.14 and a quick ratio of 0.14. The firm has a market cap of $1.13 billion, a PE ratio of 11.14 and a beta of 1.21.

Capital Southwest (NASDAQ:CSWC) last posted its quarterly earnings data on Tuesday, January 30th. The asset manager reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.04. Capital Southwest had a return on equity of 15.82% and a net margin of 52.16%. The firm had revenue of $48.57 million for the quarter, compared to analyst estimates of $45.12 million. During the same quarter last year, the company earned $0.62 EPS. As a group, research analysts expect that Capital Southwest will post 2.69 EPS for the current fiscal year.

Hedge Funds Weigh In On Capital Southwest

A number of hedge funds have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC bought a new position in shares of Capital Southwest in the 4th quarter valued at $26,000. Cape Investment Advisory Inc. bought a new position in shares of Capital Southwest in the 4th quarter valued at $31,000. Morton Brown Family Wealth LLC bought a new position in shares of Capital Southwest in the 4th quarter valued at $34,000. USA Financial Formulas bought a new position in shares of Capital Southwest in the 4th quarter valued at $47,000. Finally, Signaturefd LLC increased its stake in shares of Capital Southwest by 121.1% in the 4th quarter. Signaturefd LLC now owns 2,563 shares of the asset manager’s stock valued at $61,000 after purchasing an additional 1,404 shares during the last quarter. Institutional investors own 23.42% of the company’s stock.

Capital Southwest Company Profile

Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing.