Capital Southwest Co. (NASDAQ:CSWC) Short Interest Update

Capital Southwest Co. (NASDAQ:CSWC) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 1,330,000 shares, a growth of 10.8% from the November 15th total of 1,200,000 shares. Based on an average trading volume of 384,300 shares, the days-to-cover ratio is currently 3.5 days.

Wall Street Analyst Weigh In

Separately, B. Riley upped their price objective on Capital Southwest from $24.00 to $24.50 and gave the company a “neutral” rating in a research report on Wednesday, October 30th.

Institutional Trading of Capital Southwest

A number of hedge funds have recently added to or reduced their stakes in CSWC. Quarry LP acquired a new position in shares of Capital Southwest during the 3rd quarter valued at about $35,000. EverSource Wealth Advisors LLC purchased a new stake in Capital Southwest in the second quarter valued at approximately $58,000. Northwestern Mutual Wealth Management Co. acquired a new position in Capital Southwest during the second quarter worth approximately $104,000. Nisa Investment Advisors LLC purchased a new position in Capital Southwest during the third quarter worth approximately $106,000. Finally, Hollencrest Capital Management boosted its holdings in shares of Capital Southwest by 8.6% in the 3rd quarter. Hollencrest Capital Management now owns 6,527 shares of the asset manager’s stock valued at $165,000 after purchasing an additional 518 shares during the last quarter. 23.42% of the stock is owned by institutional investors and hedge funds.

Capital Southwest Stock Performance

Shares of NASDAQ CSWC opened at $21.47 on Tuesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.16 and a quick ratio of 0.16. The company has a market cap of $1.02 billion, a PE ratio of 13.09 and a beta of 1.23. The company has a 50-day simple moving average of $23.89 and a 200-day simple moving average of $24.89. Capital Southwest has a 12 month low of $21.43 and a 12 month high of $27.23.

Capital Southwest (NASDAQ:CSWC) last issued its quarterly earnings results on Monday, October 28th. The asset manager reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.01. Capital Southwest had a return on equity of 15.54% and a net margin of 37.77%. The company had revenue of $48.71 million during the quarter, compared to the consensus estimate of $49.79 million. During the same period in the previous year, the firm posted $0.69 EPS. On average, equities analysts anticipate that Capital Southwest will post 2.54 earnings per share for the current year.

Capital Southwest Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $2.52 annualized dividend and a yield of 11.74%. Capital Southwest’s dividend payout ratio (DPR) is presently 141.46%.

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, industry consolidation, recapitalizations and growth capital investments.