Silver Spike Investment (SSIC) News Today

Silver Spike Investment Corp. (NASDAQ:SSIC - Get Free Report) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totalling 22,400 shares, a decrease of 28.2% from the June 15th total of 31,200 shares. Based on an average trading volume of 12,000 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.3% of the company's shares are short sold.

Silver Spike Investment Corp. (NASDAQ:SSIC - Get Free Report) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 31,200 shares, a growth of 164.4% from the May 31st total of 11,800 shares. Based on an average trading volume of 14,700 shares, the short-interest ratio is presently 2.1 days. Approximately 1.8% of the shares of the company are sold short.

Silver Spike Investment Corp. (NASDAQ:SSIC - Get Free Report) was the target of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 11,800 shares, a decrease of 32.2% from the May 15th total of 17,400 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 13,500 shares, the days-to-cover ratio is currently 0.9 days.

Silver Spike Investment (NASDAQ:SSIC) Trading 0.2% Higher

Silver Spike Investment Corp. (NASDAQ:SSIC) announced a quarterly dividend on Thursday, May 9th. Stockholders of record on Thursday, June 20th will be paid a dividend of 0.25 per share on Friday, June 28th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 8.85%. The ex-dividend date is Thursday, June 20th.

Silver Spike Investment (NASDAQ:SSIC - Get Free Report) posted its quarterly earnings results on Thursday. The company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.08 by ($0.09). Silver Spike Investment had a return on equity of 7.54% and a net margin of 61.51%. The company had revenue of $2.76 million during the quarter, compared to the consensus estimate of $2.38 million. During the same period last year, the firm posted $0.22 EPS.

Silver Spike Investment Corp. (NASDAQ:SSIC - Get Free Report) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 4,400 shares, a decrease of 65.9% from the March 15th total of 12,900 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 15,900 shares, the days-to-cover ratio is presently 0.3 days.

Silver Spike Investment Corp. (NASDAQ:SSIC - Get Free Report) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 12,900 shares, a growth of 25.2% from the February 29th total of 10,300 shares. Based on an average daily volume of 14,400 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.8% of the company's shares are sold short.

Silver Spike Investment (NASDAQ:SSIC - Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.28 EPS for the quarter, meeting the consensus estimate of $0.28.

Silver Spike Investment Corp. (NASDAQ:SSIC) announced a quarterly dividend on Friday, March 8th. Shareholders of record on Wednesday, March 20th will be paid a dividend of 0.25 per share on Thursday, March 28th. This represents a $1.00 dividend on an annualized basis and a yield of 10.31%. The ex-dividend date is Tuesday, March 19th.