OFS Capital Co. (NASDAQ:OFS) Short Interest Update

OFS Capital Co. (NASDAQ:OFS) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 43,100 shares, a growth of 23.1% from the June 30th total of 35,000 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 48,500 shares, the short-interest ratio is presently 0.9 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Cape Investment Advisory Inc. acquired a new position in OFS Capital during the fourth quarter valued at approximately $128,000. Arkadios Wealth Advisors grew its position in OFS Capital by 17.6% during the fourth quarter. Arkadios Wealth Advisors now owns 20,333 shares of the investment management company’s stock worth $238,000 after buying an additional 3,038 shares in the last quarter. Ritholtz Wealth Management grew its position in OFS Capital by 25.2% during the fourth quarter. Ritholtz Wealth Management now owns 29,298 shares of the investment management company’s stock worth $343,000 after buying an additional 5,898 shares in the last quarter. Access Investment Management LLC acquired a new stake in OFS Capital during the fourth quarter worth approximately $380,000. Finally, Confluence Investment Management LLC acquired a new stake in OFS Capital during the first quarter worth approximately $973,000. 10.81% of the stock is owned by institutional investors and hedge funds.

OFS Capital Stock Up 0.4 %

Shares of OFS stock traded up $0.03 on Tuesday, hitting $8.56. 2,364 shares of the stock were exchanged, compared to its average volume of 45,791. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $114.70 million, a P/E ratio of -8.64 and a beta of 1.77. The business has a 50-day moving average of $9.23 and a 200 day moving average of $10.06. OFS Capital has a fifty-two week low of $8.42 and a fifty-two week high of $12.44.

OFS Capital (NASDAQ:OFS) last issued its quarterly earnings results on Thursday, May 2nd. The investment management company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.35 by $0.07. OFS Capital had a positive return on equity of 12.72% and a negative net margin of 23.41%. The firm had revenue of $14.23 million during the quarter, compared to analysts’ expectations of $13.10 million. Equities analysts anticipate that OFS Capital will post 1.27 EPS for the current year.

About OFS Capital

OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It provides flexible capital solutions primarily through debt capital and to a lesser extent, minority equity investments serving the needs of U.S.-based middle-market companies across a broad array of industries.