Fidus Investment Co. (NASDAQ:FDUS) Short Interest Update

Fidus Investment Co. (NASDAQ:FDUS) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 365,400 shares, an increase of 34.7% from the February 13th total of 271,200 shares. Currently, 1.1% of the company’s stock are short sold. Based on an average daily trading volume, of 191,300 shares, the short-interest ratio is currently 1.9 days.

Fidus Investment Stock Performance

FDUS traded up $0.03 during trading on Tuesday, reaching $21.19. 53,042 shares of the stock were exchanged, compared to its average volume of 215,309. The stock has a market cap of $718.66 million, a P/E ratio of 7.57 and a beta of 1.39. Fidus Investment has a twelve month low of $18.41 and a twelve month high of $23.55. The stock’s 50 day moving average price is $22.22 and its two-hundred day moving average price is $20.92.

Fidus Investment Announces Dividend

The business also recently disclosed a — dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 20th will be given a dividend of $0.11 per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a yield of 7.4%. Fidus Investment’s dividend payout ratio (DPR) is 71.37%.

Wall Street Analyst Weigh In

Separately, LADENBURG THALM/SH SH downgraded shares of Fidus Investment from a “strong-buy” rating to a “hold” rating in a report on Friday, March 7th.

Hedge Funds Weigh In On Fidus Investment

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Transce3nd LLC bought a new position in Fidus Investment during the fourth quarter worth $32,000. Promus Capital LLC bought a new position in Fidus Investment during the fourth quarter worth $43,000. McIlrath & Eck LLC bought a new position in Fidus Investment during the third quarter worth $59,000. Millstone Evans Group LLC bought a new position in Fidus Investment during the fourth quarter worth $77,000. Finally, Private Advisor Group LLC bought a new position in Fidus Investment during the fourth quarter worth $203,000. 28.14% of the stock is owned by institutional investors.

Fidus Investment Company Profile

Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans.