(NYSE:MSCA) shares saw light trading volume with 300 shares changing hands in the last trading session. Trading volume was down 84.21% under the stocks average daily volume.
Short traders are feeling a little more bearish recently if you take note of the motion in short interest. The company realized a rise in short interest of 39.56% as of the latest report on October 13, 2017. Short interest increased 726 over that period. The days to cover increased to 3.0 and the percentage of shorted shares is 0.00% as of October 13.
The company is now up by 0.36% since yesterday’s close of $25.77. The stock last traded at $25.77 which is a tad above $25.75, the stock’s 50 day moving average and which is slightly below the 200 day moving average of $25.93. The 50 day moving average was up $0.03 or +0.1037% and the 200 day average went down by -0.6120%.
Main Street Capital Corporation currently has a P/E ratio of 8.4673 and market capitalization is 1.46B.
Main Street Capital Corporation (MSCC), launched on March 9, 2007, is a principal investment firm. MSCC’s principal investment objective is to maximize its portfolio’s total return by generating current income from the Business’s debt investments and capital appreciation from its equity and equity related investments, including warrants, convertible securities and other rights to acquire equity securities in a portfolio company. The Company is primarily focused on providing customized debt and equity financing to lower middle market (LMM) companies and debt capital to middle market (Middle Market) companies. The Business’s portfolio investments are made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in various industry sectors. MSCC partners with entrepreneurs, business owners and management teams and generally provides financing alternatives within its LMM portfolio. The Company invests primarily in secured debt investments, equity investments, warrants and other securities of LMM companies based in the United States and in secured debt investments of Middle Market companies generally headquartered in the United States. The Business’s investment portfolio includes its investments in LMM portfolio companies, investments in Middle Market portfolio companies, Private Loan portfolio investments, Other Portfolio investments, and the investment in MSC Adviser I, LLC (the External Investment Manager)..