Blue Owl Capital Co. III (NYSE:OBDE) Short Interest Down 82.1% in December

Blue Owl Capital Co. III (NYSE:OBDE) saw a significant decline in short interest in December. As of December 15th, there was short interest totalling 28,900 shares, a decline of 82.1% from the November 30th total of 161,600 shares. Based on an average trading volume of 280,400 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Blue Owl Capital Co. III

Hedge funds and other institutional investors have recently modified their holdings of the company. Sunbelt Securities Inc. bought a new position in Blue Owl Capital Co. III in the second quarter worth about $132,000. XTX Topco Ltd bought a new position in Blue Owl Capital Co. III in the third quarter worth $148,000. Chicago Partners Investment Group LLC grew its position in shares of Blue Owl Capital Co. III by 86.9% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 36,212 shares of the company’s stock worth $521,000 after buying an additional 16,838 shares during the period. Ariadne Wealth Management LP bought a new stake in Blue Owl Capital Co. III during the second quarter worth about $689,000. Finally, Gilbert & Cook Inc. increased its stake in shares of Blue Owl Capital Co. III by 241.1% during the second quarter. Gilbert & Cook Inc. now owns 51,077 shares of the company’s stock valued at $765,000 after purchasing an additional 36,101 shares in the last quarter.

Blue Owl Capital Co. III Trading Up 0.4 %

NYSE:OBDE traded up $0.06 during trading hours on Friday, reaching $15.25. The company’s stock had a trading volume of 739,567 shares, compared to its average volume of 152,554. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.76 and a current ratio of 1.76. The firm has a market capitalization of $1.88 billion and a price-to-earnings ratio of 8.66. The firm has a 50-day simple moving average of $14.76 and a 200-day simple moving average of $14.67. Blue Owl Capital Co. III has a 1 year low of $13.60 and a 1 year high of $16.80.

Blue Owl Capital Co. III Announces Dividend

The company also recently announced a — dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be paid a $0.06 dividend. This represents a dividend yield of 9.4%. The ex-dividend date is Friday, May 30th. Blue Owl Capital Co. III’s payout ratio is 79.55%.

Blue Owl Capital Co. III Company Profile

Blue Owl Capital Corporation is a specialty finance company focused on lending to U.S. middle-market companies. Blue Owl Capital Corporation is based in NEW YORK.