Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Short Interest Up 62.1% in December

Bain Capital Specialty Finance, Inc. (NYSE:BCSF) saw a large growth in short interest in December. As of December 31st, there was short interest totalling 469,500 shares, a growth of 62.1% from the December 15th total of 289,600 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 182,400 shares, the days-to-cover ratio is currently 2.6 days.

Institutional Trading of Bain Capital Specialty Finance

Several institutional investors and hedge funds have recently added to or reduced their stakes in BCSF. Quarry LP increased its position in Bain Capital Specialty Finance by 74.2% in the 2nd quarter. Quarry LP now owns 2,976 shares of the company’s stock worth $49,000 after purchasing an additional 1,268 shares during the last quarter. Quantbot Technologies LP acquired a new position in Bain Capital Specialty Finance in the third quarter worth approximately $136,000. BOKF NA bought a new position in Bain Capital Specialty Finance during the second quarter valued at approximately $159,000. Farther Finance Advisors LLC acquired a new stake in Bain Capital Specialty Finance in the third quarter valued at approximately $182,000. Finally, Centiva Capital LP bought a new stake in Bain Capital Specialty Finance in the third quarter worth approximately $199,000.

Bain Capital Specialty Finance Price Performance

Shares of Bain Capital Specialty Finance stock traded up $0.03 on Friday, hitting $17.45. The company had a trading volume of 55,467 shares, compared to its average volume of 179,982. Bain Capital Specialty Finance has a 52 week low of $14.77 and a 52 week high of $17.97. The company has a market cap of $1.13 billion, a PE ratio of 8.77 and a beta of 1.10. The business has a 50-day simple moving average of $17.14 and a 200-day simple moving average of $16.80. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.41 and a quick ratio of 1.41.

Bain Capital Specialty Finance (NYSE:BCSF) last announced its quarterly earnings data on Tuesday, November 5th. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.03. Bain Capital Specialty Finance had a return on equity of 11.90% and a net margin of 43.62%. The business had revenue of $72.54 million during the quarter. During the same quarter last year, the company earned $0.55 EPS. Research analysts expect that Bain Capital Specialty Finance will post 2.06 EPS for the current fiscal year.

About Bain Capital Specialty Finance

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.