Capital Southwest Co. (NASDAQ:CSWC) Short Interest Update

Capital Southwest Co. (NASDAQ:CSWC) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 1,520,000 shares, a growth of 33.3% from the January 31st total of 1,140,000 shares. Based on an average daily trading volume, of 542,800 shares, the short-interest ratio is currently 2.8 days.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Capital Southwest from a “sell” rating to a “hold” rating in a research note on Wednesday.

Capital Southwest Stock Down 1.1 %

Capital Southwest stock opened at $22.50 on Thursday. The company has a market capitalization of $1.14 billion, a P/E ratio of 15.96 and a beta of 1.24. The firm’s fifty day simple moving average is $22.60 and its 200-day simple moving average is $23.57. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.64. Capital Southwest has a 1-year low of $20.68 and a 1-year high of $27.23.

Capital Southwest (NASDAQ:CSWC) last released its quarterly earnings results on Monday, February 3rd. The asset manager reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01. Capital Southwest had a net margin of 33.49% and a return on equity of 15.18%. Sell-side analysts forecast that Capital Southwest will post 2.54 earnings per share for the current fiscal year.

Capital Southwest Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a $0.58 dividend. The ex-dividend date is Friday, March 14th. This represents a $2.32 annualized dividend and a yield of 10.31%. Capital Southwest’s dividend payout ratio (DPR) is presently 164.54%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Promus Capital LLC bought a new position in Capital Southwest in the 4th quarter worth $30,000. Quarry LP bought a new position in shares of Capital Southwest during the 3rd quarter worth about $35,000. Ameriflex Group Inc. bought a new position in shares of Capital Southwest during the 4th quarter worth about $33,000. Nomura Asset Management Co. Ltd. increased its holdings in shares of Capital Southwest by 243.2% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 2,217 shares of the asset manager’s stock worth $48,000 after purchasing an additional 1,571 shares during the period. Finally, Capital Analysts LLC increased its holdings in shares of Capital Southwest by 35.6% during the 4th quarter. Capital Analysts LLC now owns 2,550 shares of the asset manager’s stock worth $56,000 after purchasing an additional 669 shares during the period. Institutional investors own 23.42% of the company’s stock.

About Capital Southwest

Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, industry consolidation, recapitalizations and growth capital investments.