Short Interest Coverage: How Analysts Feel About Capitala Finance Corporation (NASDAQ:CPTA) After Decrease in Sellers?

November 29, 2016 - By Nellie Frank   ·   0 Comments

Short Interest Coverage: How Analysts Feel About Capitala Finance Corporation (NASDAQ:CPTA) After Decrease in Sellers?

The stock of Capitala Finance Corporation (NASDAQ:CPTA) registered a decrease of 3.79% in short interest. CPTA’s total short interest was 187,900 shares in November as published by FINRA. Its down 3.79% from 195,300 shares, reported previously. With 67,600 shares average volume, it will take short sellers 3 days to cover their CPTA’s short positions. About 28,423 shares traded hands. Capitala Finance Corp (NASDAQ:CPTA) has declined 9.71% since April 26, 2016 and is downtrending. It has underperformed by 14.97% the S&P500.

Capitala Finance Corp. is an externally managed non-diversified, closed-end management investment company. The company has a market cap of $193.93 million. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. It currently has negative earnings. Both directly and through its subsidiaries that are licensed by the United States Small Business Administration , the Company offers financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives.

Insitutional Activity: The institutional sentiment increased to 1.07 in 2016 Q2. Its up 0.77, from 0.3 in 2016Q1. The ratio improved, as 7 funds sold all Capitala Finance Corp shares owned while 13 reduced positions. 2 funds bought stakes while 4 increased positions. They now own 2.66 million shares or 6.68% less from 2.85 million shares in 2016Q1.
Muzinich & Communications owns 125,932 shares or 0.81% of their US portfolio. Ares Mngmt Ltd Liability Corp holds 52,526 shares or 0.06% of its portfolio. Tower Cap Llc (Trc) holds 0% or 178 shares in its portfolio. Stephens Inc Ar holds 118,571 shares or 0.07% of its portfolio. Citigroup last reported 7,705 shares in the company. Yorktown Management & Rech Communications Incorporated last reported 73,200 shares in the company. Pineno Levin Ford Asset Mgmt Inc accumulated 77,052 shares or 0.56% of the stock. Kemper Corp last reported 226,247 shares in the company. Oppenheimer & Com Incorporated reported 33,938 shares or 0.01% of all its holdings. Bb&T Secs Limited Co holds 0.06% of its portfolio in Capitala Finance Corp (NASDAQ:CPTA) for 254,345 shares. Moreover, Advisors Asset Mngmt has 0.18% invested in Capitala Finance Corp (NASDAQ:CPTA) for 791,589 shares. Bridgeway Mgmt owns 81,280 shares or 0.02% of their US portfolio. California Public Employees Retirement Sys holds 0% or 40,000 shares in its portfolio. Blackrock Group Limited holds 0% of its portfolio in Capitala Finance Corp (NASDAQ:CPTA) for 84,564 shares. Royal Natl Bank Of Canada last reported 0% of its portfolio in the stock.

Capitala Finance Corp (NASDAQ:CPTA) Ratings Coverage

Out of 9 analysts covering Capitala Finance (NASDAQ:CPTA), 3 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 33% are positive. Capitala Finance has been the topic of 20 analyst reports since August 11, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Deutsche Bank given on Friday, August 12. On Thursday, March 10 the stock rating was maintained by Barclays Capital with “Overweight”. The firm has “Hold” rating by Wunderlich given on Friday, September 23. The rating was maintained by MLV on Tuesday, August 11 with “Buy”. The firm earned “Buy” rating on Friday, May 13 by Wunderlich. The stock of Capitala Finance Corp (NASDAQ:CPTA) earned “Market Perform” rating by FBR Capital on Wednesday, May 11. Ladenburg Thalmann downgraded Capitala Finance Corp (NASDAQ:CPTA) on Wednesday, March 9 to “Neutral” rating. Ladenburg Thalmann upgraded the shares of CPTA in a report on Thursday, October 6 to “Buy” rating. The rating was maintained by Deutsche Bank on Wednesday, August 12 with “Buy”. The rating was maintained by Stephens with “Equal-Weight” on Thursday, March 17.

CPTA Company Profile

Capitala Finance Corp., incorporated on February 21, 2013, is an externally managed non-diversified, closed-end management investment company. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. Both directly and through its subsidiaries that are licensed by the United States Small Business Administration (SBA), the Company offers financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives. The Firm provides capital to lower and traditional middle-market companies in the United States, with a non-exclusive emphasis on the Southeast, Southwest and Mid-Atlantic regions.

More important recent Capitala Finance Corp (NASDAQ:CPTA) news were published by: Marketwatch.com which released: “Capitala Finance downgraded to perform from outperform at Oppenheimer” on October 21, 2013, also Businesswire.com published article titled: “Capitala Finance Corp. Announces Investment Activity”, Businesswire.com published: “Capitala Finance Corp. Reports Second Quarter 2016 Results” on August 09, 2016. More interesting news about Capitala Finance Corp (NASDAQ:CPTA) was released by: Businesswire.com and their article: “Capitala Finance Corp. Reports Investment Exits, Reduction in Energy Exposure” with publication date: August 25, 2016.

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By Nellie Frank

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