Main Street Capital Corporation (NYSE:MAIN) Stock Is Shorted More

February 15, 2018 - By Linda Rogers

 Main Street Capital Corporation (NYSE:MAIN) Stock Is Shorted More

Investors sentiment increased to 1.33 in Q3 2017. Its up 0.10, from 1.23 in 2017Q2. It improved, as 16 investors sold Main Street Capital Corporation shares while 39 reduced holdings. 20 funds opened positions while 53 raised stakes. 14.20 million shares or 7.23% more from 13.24 million shares in 2017Q2 were reported.
Howe & Rusling owns 0% invested in Main Street Capital Corporation (NYSE:MAIN) for 99 shares. Farmers And Merchants Invs Inc reported 522 shares. 6,395 are held by Verity Asset. Hanson Mcclain Inc owns 0% invested in Main Street Capital Corporation (NYSE:MAIN) for 705 shares. Hl Fincl Lc holds 0.02% of its portfolio in Main Street Capital Corporation (NYSE:MAIN) for 31,291 shares. Janney Montgomery Scott Ltd Liability reported 13,631 shares. Global X Ltd Limited Liability Company reported 4,838 shares. Usca Ria Ltd Limited Liability Company holds 1.85% of its portfolio in Main Street Capital Corporation (NYSE:MAIN) for 372,302 shares. Pnc Serv Gp holds 12,162 shares. 750 are held by Webster Financial Bank N A. Hudock Capital Lc owns 179 shares. Bokf Na accumulated 26,665 shares. Tower Capital Limited Co (Trc) accumulated 51 shares or 0% of the stock. Van Eck stated it has 0.08% in Main Street Capital Corporation (NYSE:MAIN). Sequent Asset Mngmt Ltd Company owns 0.69% invested in Main Street Capital Corporation (NYSE:MAIN) for 29,637 shares.

The stock of Main Street Capital Corporation (NYSE:MAIN) registered an increase of 2.34% in short interest. MAIN’s total short interest was 1.69 million shares in February as published by FINRA. Its up 2.34% from 1.65M shares, reported previously. With 179,400 shares average volume, it will take short sellers 9 days to cover their MAIN’s short positions. The short interest to Main Street Capital Corporation’s float is 3.24%.

The stock decreased 1.17% or $0.4375 during the last trading session, reaching $36.8325. About 155,144 shares traded. Main Street Capital Corporation (NYSE:MAIN) has risen 23.33% since February 15, 2017 and is uptrending. It has outperformed by 6.63% the S&P500.

Main Street Capital Corporation is a business development firm specializing in long- term equity and debt investments in small and lower middle market companies. The company has market cap of $2.14 billion. The firm focuses on investments in, subordinated loans, private equity, venture debt, mezzanine investments, mature, mid venture, industry consolidation, later stage, late venture, emerging growth, management buyouts, change of control transactions, ownership transitions, recapitalizations, strategic acquisitions, refinancing, business expansion capital, growth financings, family estate planning, and other growth initiatives primarily for later stage businesses. It has a 13 P/E ratio. It invests in consumer discretionary, consumer staples, energy, healthcare, industrials, information technology, materials, telecommunication services, and utilities sectors.

Main Street Capital Corporation (NYSE:MAIN) Ratings Coverage

Among 7 analysts covering Street Capital Group (NYSE:MAIN), 1 have Buy rating, 2 Sell and 4 Hold. Therefore 14% are positive. Street Capital Group had 17 analyst reports since August 7, 2015 according to SRatingsIntel. National Securities maintained the stock with “Neutral” rating in Friday, August 7 report. The firm earned “Hold” rating on Friday, November 3 by Robert W. Baird. The firm has “Outperform” rating given on Friday, August 7 by National Bank Canada. The rating was downgraded by Raymond James on Monday, February 27 to “Outperform”. National Securities maintained Main Street Capital Corporation (NYSE:MAIN) on Thursday, May 11 with “Sell” rating. Raymond James upgraded Main Street Capital Corporation (NYSE:MAIN) on Tuesday, November 7 to “Hold” rating. The stock of Main Street Capital Corporation (NYSE:MAIN) earned “Buy” rating by RBC Capital Markets on Friday, August 4. The rating was downgraded by Zacks on Tuesday, August 11 to “Hold”. The company was downgraded on Monday, January 9 by Robert W. Baird. The stock of Main Street Capital Corporation (NYSE:MAIN) earned “Buy” rating by RBC Capital Markets on Sunday, November 5.

More notable recent Main Street Capital Corporation (NYSE:MAIN) news were published by: Seekingalpha.com which released: “Main Street Capital’s Monthly Dividend Projection For March-May 2018 …” on January 25, 2018, also Prnewswire.com with their article: “Main Street Announces Portfolio Company Exit” published on February 14, 2018, Realmoney.Thestreet.com published: “9 Banking Bets, From Main Street to Wall Street” on February 08, 2018. More interesting news about Main Street Capital Corporation (NYSE:MAIN) were released by: Nasdaq.com and their article: “Health Care Sector Update for 02/14/2018: MZOR,MAIN,IQV,PIRS” published on February 14, 2018 as well as Nasdaq.com‘s news article titled: “Main Street Capital Corporation (MAIN) Ex-Dividend Date Scheduled for January …” with publication date: January 17, 2018.

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