Capital Southwest Co. (NASDAQ:CSWC) Short Interest Up 10.3% in April

Capital Southwest Co. (NASDAQ:CSWC) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 713,100 shares, a growth of 10.3% from the March 31st total of 646,800 shares. Based on an average trading volume of 365,500 shares, the days-to-cover ratio is presently 2.0 days.

Hedge Funds Weigh In On Capital Southwest

Large investors have recently bought and sold shares of the stock. Total Clarity Wealth Management Inc. acquired a new position in Capital Southwest during the 4th quarter valued at about $2,229,000. Van ECK Associates Corp increased its stake in Capital Southwest by 11.7% during the 3rd quarter. Van ECK Associates Corp now owns 661,405 shares of the asset manager’s stock valued at $15,146,000 after buying an additional 69,265 shares during the period. Raymond James Financial Services Advisors Inc. increased its stake in Capital Southwest by 68.0% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 103,735 shares of the asset manager’s stock valued at $2,376,000 after buying an additional 41,993 shares during the period. Raymond James Trust N.A. increased its stake in Capital Southwest by 9.9% during the 4th quarter. Raymond James Trust N.A. now owns 17,324 shares of the asset manager’s stock valued at $411,000 after buying an additional 1,563 shares during the period. Finally, Global Retirement Partners LLC acquired a new position in Capital Southwest during the 4th quarter valued at about $26,000. Institutional investors and hedge funds own 23.42% of the company’s stock.

Capital Southwest Trading Up 0.3 %

Shares of NASDAQ:CSWC opened at $25.96 on Tuesday. The company has a market cap of $1.12 billion, a PE ratio of 11.05 and a beta of 1.21. The company’s 50-day moving average price is $24.55 and its 200 day moving average price is $23.70. Capital Southwest has a fifty-two week low of $17.36 and a fifty-two week high of $26.17. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.45.

Capital Southwest (NASDAQ:CSWC) last issued its quarterly earnings data on Tuesday, January 30th. The asset manager reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.04. The firm had revenue of $48.57 million for the quarter, compared to the consensus estimate of $45.12 million. Capital Southwest had a net margin of 52.16% and a return on equity of 15.82%. During the same period last year, the firm posted $0.62 EPS. Sell-side analysts anticipate that Capital Southwest will post 2.69 earnings per share for the current year.

Wall Street Analysts Forecast Growth

CSWC has been the topic of a number of research analyst reports. JMP Securities reiterated a “market outperform” rating and set a $26.00 price objective on shares of Capital Southwest in a research note on Tuesday, March 26th. Raymond James increased their price objective on shares of Capital Southwest from $24.00 to $26.50 and gave the company an “outperform” rating in a research note on Wednesday, January 31st. Finally, B. Riley lifted their price objective on shares of Capital Southwest from $23.50 to $24.00 and gave the company a “neutral” rating in a research report on Wednesday, January 31st. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $25.50.

About Capital Southwest

Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing.