Short Interest in Blue Owl Capital Co. III (NYSE:OBDE) Drops By 82.1%

Blue Owl Capital Co. III (NYSE:OBDE) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 28,900 shares, a decrease of 82.1% from the November 30th total of 161,600 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 280,400 shares, the days-to-cover ratio is currently 0.1 days.

Blue Owl Capital Co. III Trading Down 0.1 %

OBDE traded down $0.02 during midday trading on Thursday, reaching $15.19. 252,184 shares of the company were exchanged, compared to its average volume of 150,025. The stock has a market capitalization of $1.87 billion and a P/E ratio of 8.63. Blue Owl Capital Co. III has a one year low of $13.60 and a one year high of $16.80. The stock’s 50-day simple moving average is $14.75 and its 200 day simple moving average is $14.66. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.76 and a current ratio of 1.76.

Blue Owl Capital Co. III Announces Dividend

The company also recently disclosed a — dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be issued a dividend of $0.06 per share. This represents a yield of 9.4%. The ex-dividend date of this dividend is Friday, May 30th. Blue Owl Capital Co. III’s dividend payout ratio is currently 79.55%.

Institutional Investors Weigh In On Blue Owl Capital Co. III

Several large investors have recently bought and sold shares of OBDE. Sunbelt Securities Inc. grew its holdings in shares of Blue Owl Capital Co. III by 17.1% in the 3rd quarter. Sunbelt Securities Inc. now owns 10,331 shares of the company’s stock valued at $148,000 after buying an additional 1,509 shares during the period. Stephens Inc. AR lifted its holdings in Blue Owl Capital Co. III by 6.0% during the third quarter. Stephens Inc. AR now owns 60,161 shares of the company’s stock worth $862,000 after acquiring an additional 3,385 shares in the last quarter. XTX Topco Ltd acquired a new position in Blue Owl Capital Co. III in the third quarter valued at about $148,000. CNA Financial Corp increased its holdings in shares of Blue Owl Capital Co. III by 1.0% in the second quarter. CNA Financial Corp now owns 1,552,259 shares of the company’s stock worth $23,237,000 after acquiring an additional 15,346 shares in the last quarter. Finally, Chicago Partners Investment Group LLC raised its position in shares of Blue Owl Capital Co. III by 86.9% during the third quarter. Chicago Partners Investment Group LLC now owns 36,212 shares of the company’s stock worth $521,000 after purchasing an additional 16,838 shares during the period.

Blue Owl Capital Co. III Company Profile

Blue Owl Capital Corporation is a specialty finance company focused on lending to U.S. middle-market companies. Blue Owl Capital Corporation is based in NEW YORK.