Fidus Investment Co. (NASDAQ:FDUS) Short Interest Update

Fidus Investment Co. (NASDAQ:FDUS) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 365,400 shares, an increase of 34.7% from the February 13th total of 271,200 shares. Currently, 1.1% of the company’s shares are sold short. Based on an average daily volume of 191,300 shares, the short-interest ratio is presently 1.9 days.

Hedge Funds Weigh In On Fidus Investment

Hedge funds have recently made changes to their positions in the business. Transce3nd LLC bought a new position in shares of Fidus Investment during the 4th quarter worth approximately $32,000. Promus Capital LLC bought a new position in shares of Fidus Investment during the 4th quarter worth approximately $43,000. McIlrath & Eck LLC bought a new position in shares of Fidus Investment during the 3rd quarter worth approximately $59,000. Millstone Evans Group LLC bought a new position in shares of Fidus Investment during the 4th quarter worth approximately $77,000. Finally, Private Advisor Group LLC bought a new position in shares of Fidus Investment during the 4th quarter worth approximately $203,000. 28.14% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, LADENBURG THALM/SH SH downgraded shares of Fidus Investment from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 7th.

Fidus Investment Trading Up 0.1 %

Shares of NASDAQ:FDUS traded up $0.03 during mid-day trading on Tuesday, reaching $21.19. The stock had a trading volume of 53,042 shares, compared to its average volume of 215,309. The firm has a market cap of $718.66 million, a PE ratio of 7.57 and a beta of 1.39. The firm has a 50 day simple moving average of $22.22 and a two-hundred day simple moving average of $20.92. Fidus Investment has a twelve month low of $18.41 and a twelve month high of $23.55.

Fidus Investment Dividend Announcement

The firm also recently declared a — dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 20th will be paid a dividend of $0.11 per share. The ex-dividend date is Thursday, March 20th. This represents a dividend yield of 7.4%. Fidus Investment’s dividend payout ratio is currently 71.37%.

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.