OFS Capital Co. (NASDAQ:OFS) Short Interest Update

OFS Capital Co. (NASDAQ:OFS) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 43,100 shares, a growth of 23.1% from the June 30th total of 35,000 shares. Based on an average trading volume of 48,500 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.3% of the shares of the company are short sold.

OFS Capital Stock Performance

Shares of OFS Capital stock traded up $0.03 on Tuesday, hitting $8.56. 2,364 shares of the company’s stock were exchanged, compared to its average volume of 45,791. The company has a 50-day simple moving average of $9.23 and a 200-day simple moving average of $10.06. The stock has a market capitalization of $114.70 million, a PE ratio of -8.64 and a beta of 1.77. OFS Capital has a 1 year low of $8.42 and a 1 year high of $12.44. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.04 and a current ratio of 0.04.

OFS Capital (NASDAQ:OFS) last announced its quarterly earnings data on Thursday, May 2nd. The investment management company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.35 by $0.07. The firm had revenue of $14.23 million for the quarter, compared to the consensus estimate of $13.10 million. OFS Capital had a negative net margin of 23.41% and a positive return on equity of 12.72%. As a group, equities analysts anticipate that OFS Capital will post 1.27 EPS for the current year.

Institutional Trading of OFS Capital

Several institutional investors and hedge funds have recently modified their holdings of OFS. International Assets Investment Management LLC raised its position in shares of OFS Capital by 1,180.8% during the 4th quarter. International Assets Investment Management LLC now owns 1,897,775 shares of the investment management company’s stock valued at $22,204,000 after purchasing an additional 1,749,607 shares during the period. Confluence Investment Management LLC bought a new stake in OFS Capital in the 1st quarter valued at $973,000. Arkadios Wealth Advisors increased its holdings in OFS Capital by 80.6% in the 2nd quarter. Arkadios Wealth Advisors now owns 76,386 shares of the investment management company’s stock valued at $678,000 after acquiring an additional 34,083 shares during the last quarter. Access Investment Management LLC bought a new stake in OFS Capital in the 4th quarter valued at $380,000. Finally, Advisors Asset Management Inc. increased its holdings in OFS Capital by 6.2% in the 1st quarter. Advisors Asset Management Inc. now owns 287,580 shares of the investment management company’s stock valued at $2,856,000 after acquiring an additional 16,748 shares during the last quarter. 10.81% of the stock is currently owned by institutional investors.

OFS Capital Company Profile

OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It provides flexible capital solutions primarily through debt capital and to a lesser extent, minority equity investments serving the needs of U.S.-based middle-market companies across a broad array of industries.