Capital Southwest Corp.’s filing revealed that its Director Rogers-Windsor Ramona Lynn acquired Company’s shares for reported $11645.0 on Dec 21 ’23. In the deal valued at $23.29 per share,500 shares were bought. As a result of this transaction, Rogers-Windsor Ramona Lynn now holds 11,664 shares worth roughly $0.29 million.
Then, Rogers-Windsor Ramona Lynn bought 500 shares, generating $10,835 in total proceeds. Upon buying the shares at $21.67, the Director now owns 11,164 shares.
B. Riley Securities downgraded its Capital Southwest Corp. [CSWC] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid April with a ‘”a Neutral”‘ rating. B. Riley Securities also remained covering CSWC and has increased its forecast on December 09, 2022 with a “Buy” recommendation from previously “Neutral” rating.
Price Performance Review of CSWC
On Tuesday, Capital Southwest Corp. [NASDAQ:CSWC] saw its stock jump 0.80% to $25.16. Over the last five days, the stock has gained 2.03%. Capital Southwest Corp. shares have risen nearly 6.42% since the year began. Nevertheless, the stocks have risen 44.90% over the past one year. While a 52-week high of $26.11 was reached on 01/30/24, a 52-week low of $17.05 was recorded on 02/13/24. SMA at 50 days reached $24.24, while 200 days put it at $22.74.
Levels Of Support And Resistance For CSWC Stock
The 24-hour chart illustrates a support level at 24.94, which if violated will result in even more drops to 24.72. On the upside, there is a resistance level at 25.27. A further resistance level may holdings at 25.38. The Relative Strength Index (RSI) on the 14-day chart is 61.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 0.00%. Stochastics %K at 95.95% indicates the stock is a selling.
How much short interest is there in Capital Southwest Corp.?
A steep rise in short interest was recorded in Capital Southwest Corp. stocks on Mar 15, 2024, growing by 0.4 million shares to a total of 1.08 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 0.68 million shares. There was a rise of 37.16%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 2.63% of the overall stock float, the days-to-cover ratio (short ratio) rose to 2.35.
The most recent change occurred on September 24, 2021 when Oppenheimer began covering the stock and recommended ‘”a Perform”‘ rating.
