Triangle Capital Corporation 6. shares had a trading volume of 2,700 in the last trading session. Volume was down 14.69% under the stocks average daily volume.
Investors are feeling more bullish on shares of the company as indicated by the fall in short interest. The company had a fall in short interest of -88.04% as of October 13, 2017 from the last reporting period. Short interest fell 2,782 over that period. With short interest at 378 and short average daily volume at 2,982, days to cover is 0.0 and the short interest percentage is 0.00% as of October 13.
The company is trading up since yesterday’s close of $25.40. It is currently trading at $25.40 just below the 50 day moving average of $25.41 and which is just a bit below the 200 day moving average of $25.53. The 50 day moving average went down by -0.0653% and the 200 day average went down $-0.14 or -0.5393%.
Triangle Capital Corporation, launched on October 10, 2006, is an internally managed, non-diversified closed-end management investment company. The Company is a specialty finance company that provides customized financing to lower middle market companies located primarily in the United States. The Business’s investment objective is to seek attractive returns by generating current income from its debt investments and capital appreciation from its equity-related investments. The Company invests primarily in subordinated debt securities secured by second lien security interests in portfolio company assets, coupled with equity interests. The Company also invests in senior debt securities secured by first lien security interests in portfolio company assets..