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

Bain Capital Specialty Finance, Inc. (NYSE:BCSF - Get Free Report) experienced a significant decline in short interest during November. By November 30th, total short interest had decreased to 250,200 shares, reflecting a 32.8% drop from 372,300 shares on November 15th. Currently, around 0.4% of the company's shares are sold short. With an average daily trading volume of 170,200 shares, the short-interest ratio stands at 1.5 days.

Institutional Inflows and Outflows

Recent activity among institutional investors shows notable changes in their holdings of Bain Capital Specialty Finance shares. For instance, Quarry LP increased its investment by 74.2% in the second quarter, amassing a total of 2,976 shares worth approximately $49,000 after acquiring an additional 1,268 shares. In the third quarter, Quantbot Technologies LP also entered the market with a new stake valued at around $136,000. Other firms, such as BOKF NA and Farther Finance Advisors LLC, purchased new positions worth about $159,000 and $182,000, respectively. Meanwhile, Centiva Capital LP acquired a new stake valued at roughly $199,000 during the same period.

Analysts Set New Price Targets

In terms of analyst coverage, Keefe, Bruyette & Woods reiterated a "market perform" rating on Bain Capital Specialty Finance and established a target price of $17.00 in a report released on August 21st.

Bain Capital Specialty Finance Trading Down 0.3 %

On Friday, shares of NYSE:BCSF saw a slight decrease of $0.05, falling to $17.24. The trading volume for this session reached 106,618 shares, which is significantly lower than the average volume of 230,517 shares. Over the past year, Bain Capital Specialty Finance registered a low of $14.75 and a 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 market capitalization stands at $1.11 billion, with a PE ratio of 8.69 and a beta of 1.12. The stock’s 50-day moving average is $16.83, while the 200-day moving average is $16.66.

Bain Capital Specialty Finance's last quarterly earnings report was released on November 5th. The company reported an earnings per share (EPS) of $0.53, exceeding the expected EPS of $0.50 by $0.03. The total revenue for the quarter reached $72.54 million. The company achieved a return on equity of 11.90% and maintained a robust net margin of 43.62%. In comparison to the same quarter from the previous year, where it earned $0.55 EPS, analysts anticipate Bain Capital Specialty Finance will report an EPS of 2.06 for the current year.

Bain Capital Specialty Finance Company Profile

Bain Capital Specialty Finance, Inc. specializes in providing direct loans to middle-market companies. The firm focuses on senior investments that include first or second-lien on collateral, senior first lien, stretch senior, senior second lien, and mezzanine debt. It also engages in secondary purchases of assets or portfolios that primarily contain middle-market corporate debt.

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