Rand Capital Corporation (NASDAQ:RAND) Stock Short Interest Report for October

Rand Capital Corporation (NASDAQ:RAND) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 211 shares, an increase of 66.1% from the September 30th total of 127 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,017 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

Separately, Weiss Ratings cut shares of Rand Capital from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, October 9th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Rand Capital Price Performance

NASDAQ RAND opened at $9.74 on Monday. Rand Capital has a one year low of $9.11 and a one year high of $17.49. The stock has a 50-day moving average of $10.17 and a 200 day moving average of $10.68. The company has a market capitalization of $28.92 million, a price-to-earnings ratio of -243.48 and a beta of 0.12. The company has a debt-to-equity ratio of 0.10, a quick ratio of 90.68 and a current ratio of 90.68.

Rand Capital (NASDAQ:RAND) last issued its earnings results on Wednesday, August 5th. The asset manager reported $0.24 earnings per share (EPS) for the quarter. The firm had revenue of $1.39 million for the quarter. Rand Capital had a positive return on equity of 5.47% and a negative net margin of 2.67%.

Rand Capital Company Profile

Rand Capital Corporation (NASDAQ: RAND) is a business development company that provides financing to small and lower-middle-market businesses. The company seeks to support the growth, recapitalization, acquisition, and ownership transitions of privately held and publicly traded companies through customized investment solutions.

Rand primarily invests in debt securities, including secured and subordinated loans, and may also make equity investments, such as common stock, preferred stock, and warrants.