Prospect Capital Corporation (NASDAQ:PSEC) Can’t Be More Risky. Short Interest Increased

August 9, 2018 - By Matthew Richard

Investors sentiment increased to 0.93 in Q1 2018. Its up 0.23, from 0.7 in 2017Q4. It improved, as 19 investors sold Prospect Capital Corporation shares while 54 reduced holdings. 25 funds opened positions while 43 raised stakes. 40.69 million shares or 12.59% less from 46.56 million shares in 2017Q4 were reported.
Trustmark Bancorporation Department has invested 0.08% of its portfolio in Prospect Capital Corporation (NASDAQ:PSEC). 1,000 were accumulated by Atlantic Trust Grp Inc Lc. Rhumbline Advisers holds 0% or 27,013 shares in its portfolio. Cibc Asset Mgmt has invested 0% in Prospect Capital Corporation (NASDAQ:PSEC). Community Natl Bank Na holds 268 shares or 0% of its portfolio. Arete Wealth reported 28,980 shares or 0.06% of all its holdings. Allsquare Wealth Mgmt holds 0.03% or 6,000 shares. Kistler has 0% invested in Prospect Capital Corporation (NASDAQ:PSEC). Aperio Grp Inc Ltd Limited Liability Company, California-based fund reported 48,696 shares. Cetera Advisor Limited Liability Company holds 72,213 shares or 0.02% of its portfolio. Private Advisor Gp Limited Liability Co, New Jersey-based fund reported 34,906 shares. Suntrust Banks Incorporated invested in 88,800 shares. Lsv Asset Management reported 4.82 million shares stake. Gotham Asset Ltd Co holds 0% or 30,909 shares in its portfolio. Susquehanna Gru Limited Liability Partnership stated it has 0% of its portfolio in Prospect Capital Corporation (NASDAQ:PSEC).

Since February 9, 2018, it had 11 buys, and 0 selling transactions for $5.33 million activity. Stark Eugene S bought 1,000 shares worth $6,500. $24,293 worth of Prospect Capital Corporation (NASDAQ:PSEC) was bought by Van Dask Kristin Lea on Friday, May 18.

The stock of Prospect Capital Corporation (NASDAQ:PSEC) registered an increase of 1.11% in short interest. PSEC’s total short interest was 26.29 million shares in August as published by FINRA. Its up 1.11% from 26.01 million shares, reported previously. With 1.25 million shares average volume, it will take short sellers 21 days to cover their PSEC’s short positions.

The stock increased 0.44% or $0.03 during the last trading session, reaching $6.86. About 1.13M shares traded. Prospect Capital Corporation (NASDAQ:PSEC) has declined 18.79% since August 9, 2017 and is downtrending. It has underperformed by 31.36% the S&P500.

Prospect Capital Corporation is a business development company. The company has market cap of $2.49 billion. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, buyouts, recapitalizations, turnaround, growth capital, development, subordinated debt tranches of collateralized loan obligations, cash flow term loans, and bridge transactions. It has a 10.44 P/E ratio. It also makes real estate investments particularly in multi-family residential real estate asset class.

More news for Prospect Capital Corporation (NASDAQ:PSEC) were recently published by: Seekingalpha.com, which released: “Prospect Capital’s Fiscal Q4 2018 NII And NAV Projection (Includes Recent Notable Events)” on July 26, 2018. Seekingalpha.com‘s article titled: “Prospect Capital Corp.: Here’s Your Action Plan” and published on July 13, 2018 is yet another important article.

Prospect Capital Corporation (NASDAQ:PSEC) Institutional Positions Chart

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