Short Interest in Blue Owl Capital Co. III (NYSE:OBDE) Increases By 833.6%

Blue Owl Capital Co. III (NYSE:OBDE) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 269,800 shares, an increase of 833.6% from the December 15th total of 28,900 shares. Based on an average daily trading volume, of 326,900 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the company’s stock are sold short.

Blue Owl Capital Co. III Stock Down 1.4 %

Shares of NYSE:OBDE traded down $0.20 during trading on Monday, reaching $14.13. 400,692 shares of the stock traded hands, compared to its average volume of 360,882. Blue Owl Capital Co. III has a 52-week low of $13.60 and a 52-week high of $16.80. The stock has a 50-day moving average of $14.77 and a two-hundred day moving average of $14.63. The stock has a market cap of $1.74 billion and a P/E ratio of 8.03. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.76 and a current ratio of 1.76.

Blue Owl Capital Co. III Announces Dividend

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

Institutional Investors Weigh In On Blue Owl Capital Co. III

Large investors have recently made changes to their positions in the company. Migdal Insurance & Financial Holdings Ltd. increased its holdings in Blue Owl Capital Co. III by 79.2% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,585,744 shares of the company’s stock worth $51,384,000 after acquiring an additional 1,584,856 shares in the last quarter. Creative Planning increased its stake in shares of Blue Owl Capital Co. III by 42.9% in the third quarter. Creative Planning now owns 734,861 shares of the company’s stock worth $10,531,000 after purchasing an additional 220,520 shares in the last quarter. Citigroup Inc. raised its position in shares of Blue Owl Capital Co. III by 7,952.0% during the 3rd quarter. Citigroup Inc. now owns 355,254 shares of the company’s stock valued at $5,091,000 after purchasing an additional 350,842 shares during the period. Confluence Investment Management LLC lifted its stake in shares of Blue Owl Capital Co. III by 0.5% during the 4th quarter. Confluence Investment Management LLC now owns 310,424 shares of the company’s stock valued at $4,476,000 after buying an additional 1,399 shares in the last quarter. Finally, Requisite Capital Management LLC boosted its holdings in Blue Owl Capital Co. III by 100.0% in the 3rd quarter. Requisite Capital Management LLC now owns 215,995 shares of the company’s stock worth $3,171,000 after buying an additional 107,996 shares during the period.

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.