Capital Southwest Co. (NASDAQ:CSWC) Short Interest Update

Capital Southwest Co. (NASDAQ:CSWC) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totalling 921,000 shares, a growth of 11.2% from the June 30th total of 828,300 shares. Based on an average daily trading volume, of 284,700 shares, the short-interest ratio is presently 3.2 days.

Hedge Funds Weigh In On Capital Southwest

Large investors have recently added to or reduced their stakes in the stock. Total Clarity Wealth Management Inc. acquired a new position in Capital Southwest during the fourth quarter worth $2,229,000. Foundations Investment Advisors LLC acquired a new position in Capital Southwest during the fourth quarter worth $1,326,000. Confluence Investment Management LLC acquired a new position in Capital Southwest during the first quarter worth $2,391,000. Muzinich & Co. Inc. raised its position in Capital Southwest by 130.2% during the fourth quarter. Muzinich & Co. Inc. now owns 74,979 shares of the asset manager’s stock worth $1,777,000 after acquiring an additional 42,412 shares during the period. Finally, Van ECK Associates Corp raised its position in Capital Southwest by 10.6% during the fourth quarter. Van ECK Associates Corp now owns 731,498 shares of the asset manager’s stock worth $17,337,000 after acquiring an additional 70,093 shares during the period. 23.42% of the stock is currently owned by institutional investors and hedge funds.

Capital Southwest Stock Performance

NASDAQ CSWC traded down $0.16 during mid-day trading on Monday, reaching $25.84. 184,495 shares of the stock were exchanged, compared to its average volume of 329,192. The business’s 50 day moving average is $26.02 and its 200-day moving average is $25.26. Capital Southwest has a 1 year low of $20.72 and a 1 year high of $27.23. The company has a market capitalization of $1.18 billion, a P/E ratio of 12.60 and a beta of 1.24. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.18 and a current ratio of 0.18.

Capital Southwest (NASDAQ:CSWC) last announced its quarterly earnings results on Tuesday, May 14th. The asset manager reported $0.66 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.66. Capital Southwest had a net margin of 46.81% and a return on equity of 15.88%. The firm had revenue of $46.43 million for the quarter, compared to the consensus estimate of $46.01 million. On average, equities research analysts forecast that Capital Southwest will post 2.62 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, JMP Securities downgraded shares of Capital Southwest from an “outperform” rating to a “market perform” rating in a report on Wednesday, May 15th.

About Capital Southwest

Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing.