Saratoga Investment Corp 6.75% shares had a trading volume of 0 in the last trading session. Overall, volume was down 100.00% under the stocks normal daily volume. Investors are feeling more bearish on shares of Saratoga Investment Corp 6.75% recently if you pay attention to the change in short interest. The company experienced a rise in short interest from September 29, 2017 to October 13, 2017 of 33.91%. Short interest increased 724 over that timeframe.
The company is trading up since yesterday’s close of $0.00. Shares last traded at $26.25 quite a bit lower than the 50 day moving average of $75.12 and which is significantly below the 200 day moving average of $78.50. The 50 day moving average was down by -65.05% and the 200 day average went down $-52.25 or -66.56%.
Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. It structures its investments as debt and equity by investing through first and second lien loans, mezzanine debt, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity. It seeks to invest in the United States. The firm primarily invests $3 million to $15 million in companies having EBITDA of $2 million or greater and revenues of $10 million to $100 million. It invests through direct lending as well as participation in loan syndicates. The firm was formerly known as GSC Investment Corp. Saratoga Investment Corp. is based in New York, New York with an additional office in Florham Park, New Jersey..