3 days Ago By ABMN Staff
OFS Capital Co. ( NASDAQ:OFS – Get Free Report ) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 62,900 shares, an increase of 59.
2% from the November 30th total of 39,500 shares. Based on an average daily trading volume, of 55,200 shares, the days-to-cover ratio is currently 1.1 days.
Approximately 0.5% of the company’s stock are sold short. OFS Capital Stock Down 0.
1 % Shares of OFS Capital stock opened at $7.94 on Monday. The company has a quick ratio of 0.
12, a current ratio of 0.12 and a debt-to-equity ratio of 0.55.
The company has a market cap of $106.38 million, a P/E ratio of -88.21 and a beta of 1.
77. The firm’s 50 day moving average price is $8.20 and its 200-day moving average price is $8.
40. OFS Capital has a 52-week low of $7.75 and a 52-week high of $12.
06. OFS Capital ( NASDAQ:OFS – Get Free Report ) last released its quarterly earnings results on Thursday, October 31st. The investment management company reported $0.
27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.02.
The business had revenue of $10.92 million for the quarter, compared to analyst estimates of $10.97 million.
OFS Capital had a negative net margin of 2.29% and a positive return on equity of 11.26%.
During the same period in the previous year, the company earned $0.40 earnings per share. On average, sell-side analysts predict that OFS Capital will post 1.
18 EPS for the current fiscal year. OFS Capital Dividend Announcement Institutional Investors Weigh In On OFS Capital A number of large investors have recently modified their holdings of OFS. International Assets Investment Management LLC boosted its stake in OFS Capital by 783.
4% in the 3rd quarter. International Assets Investment Management LLC now owns 1,180,017 shares of the investment management company’s stock worth $9,971,000 after purchasing an additional 1,046,440 shares in the last quarter. Arkadios Wealth Advisors raised its holdings in shares of OFS Capital by 7.
3% in the third quarter. Arkadios Wealth Advisors now owns 81,961 shares of the investment management company’s stock worth $693,000 after buying an additional 5,575 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of OFS Capital during the second quarter worth $114,000.
Finally, Jane Street Group LLC purchased a new stake in shares of OFS Capital during the third quarter valued at $115,000. Hedge funds and other institutional investors own 10.81% of the company’s stock.
OFS Capital Company Profile ( Get Free Report ) OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It provides flexible capital solutions primarily through debt capital and to a lesser extent, minority equity investments serving the needs of U.S.
-based middle-market companies across a broad array of industries. Featured Stories Receive News & Ratings for OFS Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OFS Capital and related companies with MarketBeat.com's FREE daily email newsletter .
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