Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Short Interest Up 15.7% in December

Bain Capital Specialty Finance, Inc. (NYSE:BCSF) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 289,600 shares, an increase of 15.7% from the November 30th total of 250,200 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 174,900 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Investors Weigh In On Bain Capital Specialty Finance

A number of institutional investors and hedge funds have recently modified their holdings of BCSF. Quarry LP boosted its stake in Bain Capital Specialty Finance by 74.2% during the 2nd quarter. Quarry LP now owns 2,976 shares of the company’s stock worth $49,000 after acquiring an additional 1,268 shares during the last quarter. Quantbot Technologies LP bought a new stake in shares of Bain Capital Specialty Finance in the 3rd quarter valued at $136,000. BOKF NA acquired a new stake in Bain Capital Specialty Finance during the 2nd quarter worth $159,000. Farther Finance Advisors LLC bought a new position in Bain Capital Specialty Finance during the third quarter worth about $182,000. Finally, Centiva Capital LP acquired a new position in Bain Capital Specialty Finance in the third quarter valued at about $199,000.

Bain Capital Specialty Finance Price Performance

NYSE:BCSF traded up $0.17 during mid-day trading on Monday, reaching $17.87. 312,422 shares of the company were exchanged, compared to its average volume of 229,281. Bain Capital Specialty Finance has a 12 month low of $14.75 and a 12 month high of $17.97. The company has a fifty day moving average of $16.97 and a 200 day moving average of $16.72. The stock has a market cap of $1.15 billion, a PE ratio of 8.98 and a beta of 1.12. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.13.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its quarterly earnings data on Tuesday, November 5th. The company reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.03. The firm 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 period in the prior year, the company posted $0.55 EPS. On average, research analysts anticipate that Bain Capital Specialty Finance will post 2.06 EPS for the current fiscal 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.