Fidus Investment Co. (NASDAQ:FDUS) Short Interest Update

Fidus Investment Co. (NASDAQ:FDUS) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totalling 158,700 shares, a decline of 22.2% from the December 31st total of 204,100 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 209,600 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of Fidus Investment

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. McIlrath & Eck LLC acquired a new position in shares of Fidus Investment during the third quarter valued at $59,000. Farther Finance Advisors LLC boosted its holdings in shares of Fidus Investment by 23.6% during the third quarter. Farther Finance Advisors LLC now owns 7,467 shares of the asset manager’s stock valued at $146,000 after acquiring an additional 1,426 shares during the period. Paloma Partners Management Co acquired a new position in shares of Fidus Investment during the third quarter valued at $268,000. Fiduciary Alliance LLC acquired a new position in shares of Fidus Investment during the fourth quarter valued at $274,000. Finally, Plan Group Financial LLC acquired a new position in shares of Fidus Investment during the fourth quarter valued at $334,000. Institutional investors own 28.14% of the company’s stock.

Fidus Investment Stock Up 0.8 %

Shares of FDUS traded up $0.18 during mid-day trading on Friday, reaching $22.61. 237,474 shares of the stock traded hands, compared to its average volume of 155,532. The firm has a market cap of $766.82 million, a price-to-earnings ratio of 8.08 and a beta of 1.39. The stock has a fifty day simple moving average of $21.27 and a 200 day simple moving average of $20.26. Fidus Investment has a 12-month low of $18.41 and a 12-month high of $22.70.

Fidus Investment (NASDAQ:FDUS) last issued its quarterly earnings results on Thursday, October 31st. The asset manager reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.04. The business had revenue of $38.38 million during the quarter, compared to analyst estimates of $36.43 million. Fidus Investment had a net margin of 60.09% and a return on equity of 12.11%. During the same quarter in the previous year, the firm earned $0.68 earnings per share. On average, equities research analysts expect that Fidus Investment will post 2.28 earnings per share for the current fiscal year.

About Fidus Investment

Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans.