Alcentra Capital Corporation (NASDAQ:ABDC) on Focus After Report of More Shorts

December 20, 2017 - By reb123z

 Alcentra Capital Corporation (NASDAQ:ABDC) on Focus After Report of More Shorts

The stock of Alcentra Capital Corporation (NASDAQ:ABDC) registered an increase of 239.76% in short interest. ABDC’s total short interest was 84,600 shares in December as published by FINRA. Its up 239.76% from 24,900 shares, reported previously. With 158,200 shares average volume, it will take short sellers 1 days to cover their ABDC’s short positions.

The stock decreased 0.12% or $0.01 during the last trading session, reaching $8.5. About 193,203 shares traded or 50.44% up from the average. Alcentra Capital Corporation (NASDAQ:ABDC) has risen 12.32% since December 20, 2016 and is uptrending. It has underperformed by 4.38% the S&P500.

Alcentra Capital Corporation (NASDAQ:ABDC) Ratings Coverage

Among 7 analysts covering Alcentra Capital Corp (NASDAQ:ABDC), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Alcentra Capital Corp has $15 highest and $12 lowest target. $14.08’s average target is 65.65% above currents $8.5 stock price. Alcentra Capital Corp had 14 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Alcentra Capital Corporation (NASDAQ:ABDC) has “Hold” rating given on Sunday, July 23 by Keefe Bruyette & Woods. The firm has “Neutral” rating by Janney Capital given on Wednesday, June 22. Oppenheimer maintained the shares of ABDC in report on Friday, August 4 with “Hold” rating. The rating was downgraded by Oppenheimer on Monday, November 7 to “Perform”. The rating was maintained by Keefe Bruyette & Woods on Sunday, October 22 with “Hold”. The stock of Alcentra Capital Corporation (NASDAQ:ABDC) earned “Neutral” rating by Robert W. Baird on Monday, November 7. The company was maintained on Sunday, August 6 by Keefe Bruyette & Woods. As per Wednesday, November 8, the company rating was downgraded by Raymond James. Keefe Bruyette & Woods maintained it with “Hold” rating and $1400 target in Wednesday, May 31 report. The firm earned “Outperform” rating on Monday, July 17 by Raymond James.

More notable recent Alcentra Capital Corporation (NASDAQ:ABDC) news were published by: Prnewswire.com which released: “Alcentra Capital Corporation Announces the Sale of City Carting to Tunnel Hill …” on June 13, 2016, also Prnewswire.com with their article: “Alcentra Capital Corporation Announces Management Promotions and Other Changes” published on April 27, 2017, Seekingalpha.com published: “Lessons In What Not To Buy – Alcentra Capital Corp.” on November 14, 2016. More interesting news about Alcentra Capital Corporation (NASDAQ:ABDC) were released by: Marketwatch.com and their article: “Alcentra Capital Corp.” published on May 05, 2011 as well as Seekingalpha.com‘s news article titled: “Alcentra Capital’s (ABDC) CEO David Scopelliti on Q3 2017 Results – Earnings …” with publication date: November 10, 2017.

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