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

Fidus Investment Co. (NASDAQ:FDUS) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 225,500 shares, a decline of 38.3% from the February 28th total of 365,400 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 207,900 shares, the short-interest ratio is presently 1.1 days.

Institutional Investors Weigh In On Fidus Investment

Hedge funds and other institutional investors have recently made changes to their positions in the business. Transce3nd LLC bought a new stake in Fidus Investment during the 4th quarter valued at approximately $32,000. Promus Capital LLC acquired a new position in shares of Fidus Investment during the fourth quarter worth approximately $43,000. McIlrath & Eck LLC bought a new stake in shares of Fidus Investment in the third quarter valued at approximately $59,000. Millstone Evans Group LLC acquired a new stake in shares of Fidus Investment in 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 and hedge funds.

Wall Street Analysts Forecast Growth

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

Fidus Investment Stock Performance

Shares of Fidus Investment stock traded down $0.14 on Friday, reaching $20.56. The stock had a trading volume of 275,312 shares, compared to its average volume of 214,734. The business’s 50-day moving average price is $22.15 and its two-hundred day moving average price is $20.97. The stock has a market cap of $697.29 million, a P/E ratio of 7.34 and a beta of 1.39. Fidus Investment has a fifty-two week low of $18.41 and a fifty-two week high of $23.55.

Fidus Investment Announces Dividend

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

About Fidus Investment

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.