薩拉託加投資公司(紐約證券交易所代碼：SAR)看到空頭股數的顯著增長

Saratoga Investment Corp. (NYSE:SAR – Get Rating) was the target of a large growth in short interest in June. As of June 15th, there was short interest totalling 41,400 shares, a growth of 35.7% from the May 31st total of 30,500 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average trading volume of 39,000 shares, the short-interest ratio is presently 1.1 days.

Hedge funds and other institutional investors have recently modified their holdings of the business. LPL Financial LLC increased its position in shares of Saratoga Investment by 11.3% during the third quarter. LPL Financial LLC now owns 76,938 shares of the financial services provider's stock valued at $2,211,000 after purchasing an additional 7,840 shares during the period. Two Sigma Investments LP increased its position in shares of Saratoga Investment by 2.0% during the third quarter. Two Sigma Investments LP now owns 34,110 shares of the financial services provider's stock valued at $980,000 after purchasing an additional 671 shares during the period. Two Sigma Advisers LP increased its position in shares of Saratoga Investment by 27.6% during the third quarter. Two Sigma Advisers LP now owns 43,500 shares of the financial services provider's stock valued at $1,250,000 after purchasing an additional 9,400 shares during the period. Cetera Advisors LLC bought a new stake in shares of Saratoga Investment during the third quarter valued at approximately $215,000. Finally, All Season Financial Advisors Inc. bought a new stake in shares of Saratoga Investment during the fourth quarter valued at approximately $332,000. 20.68% of the stock is currently owned by institutional investors.

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Shares of NYSE SAR opened at $24.22 on Tuesday. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.04. The business's 50 day moving average is $25.36 and its two-hundred day moving average is $26.84. The company has a market cap of $293.64 million, a P/E ratio of 6.02 and a beta of 1.45. Saratoga Investment has a 12 month low of $22.35 and a 12 month high of $30.25.

Saratoga Investment (NYSE:SAR – Get Rating) last issued its quarterly earnings results on Wednesday, May 4th. The financial services provider reported $0.53 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.02). The business had revenue of $18.98 million during the quarter, compared to the consensus estimate of $17.55 million. Saratoga Investment had a return on equity of 7.66% and a net margin of 64.65%. Sell-side analysts expect that Saratoga Investment will post 2.26 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 29th. Shareholders of record on Tuesday, June 14th were given a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 8.75%. The ex-dividend date was Monday, June 13th. Saratoga Investment's dividend payout ratio is currently 52.74%.

SAR has been the topic of a number of recent analyst reports. Compass Point cut their price objective on Saratoga Investment to $29.00 and set a "na" rating on the stock in a research note on Monday, May 16th. Hovde Group cut their price objective on Saratoga Investment to $28.00 in a research note on Friday, May 20th. Finally, StockNews.com downgraded Saratoga Investment from a "hold" rating to a "sell" rating in a research note on Wednesday, June 29th. One research analyst has rated the stock with a sell rating and two have issued a buy rating to the stock. According to data from MarketBeat, Saratoga Investment presently has a consensus rating of "Hold" and an average target price of $29.75.

Saratoga Investment Company Profile (Get Rating)

Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. It structures its investments as debt and equity by investing through first and second lien loans, mezzanine debt, co-investments, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity.

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