SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ:SSSSL) Short Interest Update

SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ:SSSSL) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 2,016 shares, an increase of 60.6% from the May 14th total of 1,255 shares. Based on an average trading volume of 1,177 shares, the days-to-cover ratio is presently 1.7 days.

SuRo Capital Corp. 6.00% Notes due 2026 Price Performance

SSSSL opened at $25.06 on Tuesday. SuRo Capital Corp. 6.00% Notes due 2026 has a 1 year low of $24.44 and a 1 year high of $25.55. The company’s 50 day simple moving average is $25.10 and its 200 day simple moving average is $25.05.

SuRo Capital Corp. 6.00% Notes due 2026 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Monday, June 15th.

SuRo Capital Corp. 6.00% Notes due 2026 Company Profile

SuRo Capital Corp. 6.00% Notes due 2026 (NASDAQ: SSSSL) are senior unsecured debt securities issued by SuRo Capital Corp., a closed-end, non-diversified management investment company that qualifies as a business development company under the Investment Company Act of 1940. The notes carry a fixed annual interest rate of 6.00%, payable semiannually, and will mature in May 2026. They trade on the Nasdaq Global Market under the ticker symbol SSSSL, offering investors a fixed-income vehicle linked to the investment operations of a publicly registered BDC.

SuRo Capital Corp.