First Eagle Alternative Capital BDC Short Interest Ratio and Short Volume

Short interest is the volume of First Eagle Alternative Capital BDC shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 37,700 shares of FCRD short. 0.15% of First Eagle Alternative Capital BDC's shares are currently sold short. View details.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. First Eagle Alternative Capital BDC currently has a short interest ratio of 1.0.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.15% of First Eagle Alternative Capital BDC's floating shares are currently sold short.

First Eagle Alternative Capital BDC saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 37,700 shares, a drop of 11.5% from the previous total of 42,600 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

First Eagle Alternative Capital BDC currently has issued a total of 30,109,000 shares. Some of First Eagle Alternative Capital BDC's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. First Eagle Alternative Capital BDC currently has a public float of 25,180,000 shares.

0.15% of First Eagle Alternative Capital BDC's shares are currently sold short. Here is how the short interest of companies in the industry of "investors, not elsewhere classified" compare to First Eagle Alternative Capital BDC: PennantPark Floating Rate Capital Ltd. (0.61%), TriplePoint Venture Growth BDC Corp. (0.00%), Gladstone Investment Co. (1.05%), Capital Southwest Co. (0.51%), PennantPark Investment Co. (0.34%), Stellus Capital Investment Co. (0.55%), TAAT Lifestyle & Wellness Ltd. (0.00%), Portman Ridge Finance Co. (0.00%), Safeguard Scientifics, Inc. (2.76%), and OFS Capital Co. (0.27%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling FCRD is an investing strategy that aims to generate trading profit from First Eagle Alternative Capital BDC as its price is falling. First Eagle Alternative Capital BDC's stock is trading up $0.04 today. To short First Eagle Alternative Capital BDC stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that First Eagle Alternative Capital BDC will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for First Eagle Alternative Capital BDC occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of FCRD, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FCRD, twice per month. The most recent reporting period available is March, 31 2021.