American Capital Ltd. (NASDAQ:ACAS), A rise of 202,106 shares or 5.6% was seen in the short interest of American Capital, Ltd.. Even as the interest increased from 3,632,692 shares on May 31,2016 to 3,834,798 shares on June 15,2016, the days to cover came in at 1. The updated interest stood at 1.9% of the stocks floats. The stock has seen an average daily volume of 3,199,982 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
American Capital Ltd. (NASDAQ:ACAS): The stock opened at $15.68 on Friday but the bulls could not build on the opening and the stock topped out at $15.93 for the day. The stock traded down to $15.67 during the day, due to lack of any buying support eventually closed down at $15.83 with a loss of -1.06% for the day. The stock had closed at $16.00 on the previous day. The total traded volume was 3,158,759 shares.
The company shares have rallied 16.91% from its 1 Year high price. On May 31, 2016, the shares registered one year high at $16.19 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $15.91 and the 200 Day Moving Average price is recorded at $14.75.
American Capital Ltd. (NASDAQ:ACAS) has tumbled 0.31% during the past week and has dropped 1.55% in the last 4 week period. In the past week, the company has outperformed the S&P 500 by 1.34% and the outperformance has advanced to 1.42% for the last 4 weeks period.
American Capital, Ltd. is a global asset manager and private equity firm. The Firm both directly and through its asset management business, originates, underwrites and manages investments in middle market private equity, leveraged finance, real estate, energy and structured products. It invests in senior and mezzanine debt and equity in buyouts of private companies sponsored by the Company or sponsored by other private equity funds and provides capital to early stage and mature private and small public companies. It also invests in first and second lien floating rate loans to large-market United States based companies and structured finance investments, including loan securities, debt obligation securities and commercial mortgages and commercial mortgage backed securities. Its business objectives are to increase its net earnings and net asset value by making investments with yields and/or potential for equity and gains and by growing its fee earning assets under management.