Short Interest Worth Mentioning: Is Buying Crossroads Capital Incorporated (NASDAQ:XRDC) Here Good Idea?

November 30, 2016 - By Dolores Ford   ·   0 Comments

Short Interest Worth Mentioning: Is Buying Crossroads Capital Incorporated (NASDAQ:XRDC) Here Good Idea?

The stock of Crossroads Capital Incorporated (NASDAQ:XRDC) registered an increase of 11.11% in short interest. XRDC’s total short interest was 18,000 shares in November as published by FINRA. Its up 11.11% from 16,200 shares, reported previously. With 18,400 shares average volume, it will take short sellers 1 days to cover their XRDC’s short positions. The short interest to Crossroads Capital Incorporated’s float is 0.21%. About 200 shares traded hands. Crossroads Capital Inc (NASDAQ:XRDC) has declined 35.06% since April 27, 2016 and is downtrending. It has underperformed by 40.29% the S&P500.

Crossroads Capital, Inc., formerly BDCA Venture, Inc., is an internally managed, non-diversified, closed-end management investment company. The company has a market cap of $15.59 million. The Company’s investment objective to preserve capital and maximize stockholder value by pursuing the sale of its portfolio investments, limiting expenses and deploying surplus cash as appropriate, including into yielding investments to offset, in part, operating expenses. It currently has negative earnings. The Firm holds equity investments in approximately 12 portfolio companies, one of which is publicly traded, and 11 of which are private companies.

XRDC Company Profile

Crossroads Capital, Inc., formerly BDCA Venture, Inc., incorporated on May 9, 2008, is an internally managed, non-diversified, closed-end management investment company. The Company’s investment objective to preserve capital and maximize stockholder value by pursuing the sale of its portfolio investments, limiting expenses and deploying surplus cash as appropriate, including into yielding investments to offset, in part, operating expenses.

More notable recent Crossroads Capital Inc (NASDAQ:XRDC) news were published by: Prnewswire.com which released: “Crossroads Capital Announces Portfolio Company Shutdown” on September 21, 2016, also Prnewswire.com with their article: “Crossroads Capital Announces Engagement of Setter Capital” published on August 25, 2016, Seekingalpha.com published: “Crossroads Capital: Liquidation Could Lead To Big Returns” on January 29, 2016. More interesting news about Crossroads Capital Inc (NASDAQ:XRDC) were released by: Seekingalpha.com and their article: “Stepping Over A Low Bar At Crossroads Capital” published on September 20, 2016 as well as Businesswire.com‘s news article titled: “Crossroads Capital Announces Plan Intended to Maximize Shareholder Value” with publication date: January 25, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Dolores Ford


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>