Equus Total Return, Inc. (NYSE:EQS) Sees Significant Increase in Short Interest

Equus Total Return, Inc. (NYSE:EQS) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 23,302 shares, an increase of 219.1% from the September 30th total of 7,303 shares. Based on an average daily trading volume, of 10,670 shares, the days-to-cover ratio is currently 2.2 days. Currently, 0.2% of the company’s stock are short sold.

Equus Total Return Stock Performance

Shares of Equus Total Return stock opened at $0.65 on Thursday. The company has a market cap of $9.08 million, a PE ratio of -0.46 and a beta of 0.09. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.14. Equus Total Return has a 52 week low of $0.64 and a 52 week high of $2.05. The business has a 50 day moving average price of $0.94 and a 200-day moving average price of $1.25.

Analysts Set New Price Targets

Separately, Weiss Ratings cut Equus Total Return from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, October 22nd. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

About Equus Total Return

Equus Total Return, Inc is a publicly traded closed-end investment company listed on the New York Stock Exchange under the symbol EQS. The company’s investment activities have focused primarily on providing capital to small and middle-market businesses, including privately held companies.

Equus has historically invested through a combination of equity securities, subordinated debt, and other financing instruments. Its portfolio strategy has included seeking long-term capital appreciation and current income from investments in businesses across a range of industries, primarily in the United States.

As an investment company, Equus Total Return’s results are influenced by the performance and valuation of its portfolio investments rather than by the sale of conventional products or services.