SuRo Capital Corp. (NASDAQ:SSSS) Sees Significant Decline in Short Interest
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SuRo Capital Corp. (NASDAQ:SSSS) experienced an 18.7% decline in short interest in October, with 108,800 shares short as of October 31. The days-to-cover ratio is 0.9 days, with 0.5% of the stock sold short. CEO Mark D. Klein purchased 12,000 shares, increasing his ownership by 1.11%. Institutional investors have also made significant changes to their positions. The stock traded down to $0.82, with a market cap of $69 million and a P/E ratio of -2.65. Barrington Research maintains an "outperform" rating with a price target of $10.00.
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