Oaktree Specialty Lending Corp’s filing revealed that its Director CALDWELL PHYLLIS R acquired Company’s shares for reported $16009.0 on Sep 20 ’24. In the deal valued at $16.01 per share,1,000 shares were bought. As a result of this transaction, CALDWELL PHYLLIS R now holds 13,500 shares worth roughly $0.22 million.
Then, CALDWELL PHYLLIS R bought 1,334 shares, generating $21,726 in total proceeds. Upon buying the shares at $16.29, the Director now owns 12,500 shares.
Before that, CALDWELL PHYLLIS R bought 2,000 shares. Oaktree Specialty Lending Corp shares valued at $40,130 were divested by the Director at a price of $20.07 per share. As a result of the transaction, CALDWELL PHYLLIS R now holds 11,166 shares, worth roughly $0.18 million.
JP Morgan downgraded its Oaktree Specialty Lending Corp [OCSL] rating to a Neutral from a an Overweight in a research note published on November 20, 2024; the price target was decreased to $15 from $17. A number of analysts have revised their coverage, including JMP Securities’s analysts, who decreased its forecast for the stock in mid November from “a Mkt outperform” to “a Mkt perform”. Wells Fargo also remained covering OCSL and has decreased its forecast on August 26, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. Oppenheimer revised its rating on August 02, 2024. It rated OCSL as “a Perform” which previously was an “an Outperform”.
Price Performance Review of OCSL
On Monday, Oaktree Specialty Lending Corp [NASDAQ:OCSL] saw its stock jump 1.07% to $16.02. Over the last five days, the stock has lost -0.80%. Oaktree Specialty Lending Corp shares have fallen nearly -21.55% since the year began. Nevertheless, the stocks have fallen -19.71% over the past one year. While a 52-week high of $21.64 was reached on 01/24/24, a 52-week low of $15.40 was recorded on 11/20/24. SMA at 50 days reached $16.15, while 200 days put it at $18.05.
Levels Of Support And Resistance For OCSL Stock
The 24-hour chart illustrates a support level at 15.90, which if violated will result in even more drops to 15.78. On the upside, there is a resistance level at 16.14. A further resistance level may holdings at 16.26. The Relative Strength Index (RSI) on the 14-day chart is 49.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.95%. Stochastics %K at 39.05% indicates the stock is a holding.
How much short interest is there in Oaktree Specialty Lending Corp?
A steep rise in short interest was recorded in Oaktree Specialty Lending Corp stocks on 2024-10-31, growing by 48574.0 shares to a total of 0.91 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.86 million shares. There was a rise of 5.36%, which implies that there is a positive sentiment for the stock.
