SuRo Capital Corp’s recently made public that its Chairman, CEO and President Klein Mark D acquired Company’s shares for reported $46080.0 on Aug 20 ’24. In the deal valued at $3.84 per share,12,000 shares were bought. As a result of this transaction, Klein Mark D now holds 1,088,666 shares worth roughly $5.42 million.
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Then, Klein Mark D bought 14,815 shares, generating $60,890 in total proceeds. Upon buying the shares at $4.11, the Chairman, CEO and President now owns 1,071,496 shares.
Before that, Klein Mark D bought 19,000 shares. SuRo Capital Corp shares valued at $76,570 were divested by the Chairman, CEO and President at a price of $4.03 per share. As a result of the transaction, Klein Mark D now holds 1,037,681 shares, worth roughly $5.17 million.
A number of analysts have revised their coverage, including JMP Securities’s analysts, who began to cover the stock in mid April with a ‘”a Mkt outperform”‘ rating.
Price Performance Review of SSSS
On Monday, SuRo Capital Corp [NASDAQ:SSSS] saw its stock jump 3.32% to $4.98. Over the last five days, the stock has lost -5.14%. SuRo Capital Corp shares have risen nearly 26.40% since the year began. Nevertheless, the stocks have risen 27.69% over the past one year. While a 52-week high of $5.44 was reached on 11/07/24, a 52-week low of $3.32 was recorded on 02/09/24. SMA at 50 days reached $4.41, while 200 days put it at $4.13.
Levels Of Support And Resistance For SSSS Stock
The 24-hour chart illustrates a support level at 4.91, which if violated will result in even more drops to 4.83. On the upside, there is a resistance level at 5.05. A further resistance level may holdings at 5.11. The Relative Strength Index (RSI) on the 14-day chart is 55.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.94%. Stochastics %K at 47.16% indicates the stock is a holding.
How much short interest is there in SuRo Capital Corp?
A steep rise in short interest was recorded in SuRo Capital Corp stocks on 2024-10-31, growing by 43057.0 shares to a total of 0.11 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 65733.0 shares. There was a rise of 39.58%, which implies that there is a positive sentiment for the stock.
