Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Short Interest Update

Bain Capital Specialty Finance, Inc. (NYSE:BCSF) saw a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 250,200 shares, a drop of 32.8% from the November 15th total of 372,300 shares. Based on an average trading volume of 170,200 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.4% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Quarry LP grew its holdings in Bain Capital Specialty Finance by 74.2% during the second quarter. Quarry LP now owns 2,976 shares of the company’s stock worth $49,000 after purchasing an additional 1,268 shares during the period. Quantbot Technologies LP bought a new stake in shares of Bain Capital Specialty Finance during the 3rd quarter worth $136,000. BOKF NA acquired a new position in Bain Capital Specialty Finance during the second quarter worth about $159,000. Farther Finance Advisors LLC bought a new position in shares of Bain Capital Specialty Finance in the third quarter worth about $182,000. Finally, Centiva Capital LP bought a new stake in shares of Bain Capital Specialty Finance during the 3rd quarter valued at approximately $199,000.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods restated a “market perform” rating and issued a $17.00 target price on shares of Bain Capital Specialty Finance in a report on Wednesday, August 21st.

Bain Capital Specialty Finance Trading Down 0.3 %

Shares of NYSE:BCSF traded down $0.05 during mid-day trading on Friday, hitting $17.24. The stock had a trading volume of 106,618 shares, compared to its average volume of 230,517. Bain Capital Specialty Finance has a 12-month low of $14.75 and a 12-month high of $17.36. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.41 and a current ratio of 1.41. The company has a market cap of $1.11 billion, a PE ratio of 8.69 and a beta of 1.12. The company’s 50 day moving average is $16.83 and its 200-day moving average is $16.66.

Bain Capital Specialty Finance (NYSE:BCSF) last announced its quarterly earnings results on Tuesday, November 5th. The company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.50 by $0.03. The company had revenue of $72.54 million for the quarter. Bain Capital Specialty Finance had a return on equity of 11.90% and a net margin of 43.62%. During the same quarter last year, the business earned $0.55 EPS. On average, sell-side analysts predict that Bain Capital Specialty Finance will post 2.06 EPS for the current year.

Bain Capital Specialty Finance Company Profile

Bain Capital Specialty Finance, Inc is business development company specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt.