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

Fidus Investment Co. (NASDAQ:FDUS) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 158,700 shares, a drop of 22.2% from the December 31st total of 204,100 shares. Based on an average daily volume of 209,600 shares, the short-interest ratio is currently 0.8 days. Currently, 0.5% of the shares of the stock are sold short.

Hedge Funds Weigh In On Fidus Investment

Several large investors have recently bought and sold shares of the business. Franklin Resources Inc. boosted its stake in Fidus Investment by 37.0% during the 3rd quarter. Franklin Resources Inc. now owns 116,472 shares of the asset manager’s stock worth $2,269,000 after acquiring an additional 31,426 shares during the last quarter. Farther Finance Advisors LLC raised its stake in Fidus Investment by 23.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 7,467 shares of the asset manager’s stock worth $146,000 after buying an additional 1,426 shares during the period. Van ECK Associates Corp boosted its position in Fidus Investment by 11.5% during the 3rd quarter. Van ECK Associates Corp now owns 809,411 shares of the asset manager’s stock worth $15,808,000 after acquiring an additional 83,538 shares during the last quarter. Hennion & Walsh Asset Management Inc. bought a new position in shares of Fidus Investment during the 3rd quarter worth approximately $683,000. Finally, NewEdge Advisors LLC raised its holdings in shares of Fidus Investment by 9.3% in the second quarter. NewEdge Advisors LLC now owns 122,359 shares of the asset manager’s stock valued at $2,384,000 after purchasing an additional 10,364 shares during the last quarter. 28.14% of the stock is currently owned by institutional investors and hedge funds.

Fidus Investment Stock Up 0.4 %

FDUS traded up $0.10 during trading on Thursday, hitting $22.34. The company’s stock had a trading volume of 6,193 shares, compared to its average volume of 163,968. The stock has a market capitalization of $757.60 million, a price-to-earnings ratio of 7.97 and a beta of 1.39. The firm’s 50 day moving average price is $21.21 and its two-hundred day moving average price is $20.23. Fidus Investment has a 12 month low of $18.41 and a 12 month high of $22.61.

Fidus Investment (NASDAQ:FDUS) last issued its quarterly earnings data on Thursday, October 31st. The asset manager reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.04. The firm had revenue of $38.38 million for 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 prior year, the firm earned $0.68 EPS. On average, sell-side analysts forecast that Fidus Investment will post 2.28 earnings per share for the current year.

Fidus Investment Company Profile

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.