Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Short Interest Update

Bain Capital Specialty Finance, Inc. (NYSE:BCSF) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 469,500 shares, an increase of 62.1% from the December 15th total of 289,600 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily volume of 182,400 shares, the days-to-cover ratio is presently 2.6 days.

Bain Capital Specialty Finance Stock Performance

Shares of NYSE BCSF traded down $0.06 during midday trading on Friday, hitting $17.37. 101,617 shares of the company’s stock traded hands, compared to its average volume of 182,199. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.41 and a current ratio of 1.41. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 8.74 and a beta of 1.10. The firm has a fifty day moving average of $17.14 and a 200 day moving average of $16.80. Bain Capital Specialty Finance has a 1 year low of $14.77 and a 1 year high of $17.97.

Bain Capital Specialty Finance (NYSE:BCSF) last released its quarterly earnings results on Tuesday, November 5th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.03. The business had revenue of $72.54 million for the quarter. Bain Capital Specialty Finance had a net margin of 43.62% and a return on equity of 11.90%. During the same quarter in the previous year, the business posted $0.55 earnings per share. On average, analysts forecast that Bain Capital Specialty Finance will post 2.06 earnings per share for the current year.

Institutional Trading of Bain Capital Specialty Finance

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Quarry LP lifted its position in shares of Bain Capital Specialty Finance by 74.2% during the 2nd quarter. Quarry LP now owns 2,976 shares of the company’s stock valued at $49,000 after buying an additional 1,268 shares in the last quarter. Quantbot Technologies LP purchased a new position in Bain Capital Specialty Finance during the third quarter valued at approximately $136,000. BOKF NA bought a new position in shares of Bain Capital Specialty Finance in the second quarter worth approximately $159,000. Farther Finance Advisors LLC purchased a new stake in shares of Bain Capital Specialty Finance in the third quarter worth $182,000. Finally, Centiva Capital LP bought a new stake in shares of Bain Capital Specialty Finance during the 3rd quarter valued at $199,000.

About Bain Capital Specialty Finance

Bain Capital Specialty Finance, Inc is business development company specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt.