The stock of Alcentra Capital Corporation (NASDAQ:ABDC) registered an increase of 76.84% in short interest. ABDC’s total short interest was 33,600 shares in March as published by FINRA. Its up 76.84% from 19,000 shares, reported previously. With 36,800 shares average volume, it will take short sellers 1 days to cover their ABDC’s short positions. The stock decreased 1.26% or $0.13 on March 8, hitting $10.16. Alcentra Capital Corp (NASDAQ:ABDC) has declined 18.00% since August 3, 2015 and is downtrending. It has underperformed by 12.34% the S&P500.
Alcentra Capital Corporation is a specialty finance firm that operates as a non-diversified, closed-end management investment company. The company has a market cap of $139.09 million. The Company’s targeted industry sectors are healthcare and pharmaceutical services; defense, aerospace, homeland security and government services; business and outsourced services, and energy services. It has 6.96 P/E ratio. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments by targeting investment opportunities with favorable risk-adjusted returns.
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