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Investing in Blue Owl Capital Corp (OBDC): What You Must Know

Blue Owl Capital Corp’s filing revealed that its Director DAlelio Edward H acquired Company’s shares for reported $37550.0 on Aug 27 ’24. In the deal valued at $15.02 per share,2,500 shares were bought. As a result of this transaction, DAlelio Edward H now holds 9,016 shares worth roughly $0.13 million.

Then, Nicholson Logan bought 7,500 shares, generating $109,950 in total proceeds. Upon buying the shares at $14.66, the President now owns 10,000 shares.

Before that, Nicholson Logan bought 2,500 shares. Blue Owl Capital Corp shares valued at $36,650 were divested by the President at a price of $14.66 per share. As a result of the transaction, Nicholson Logan now holds 2,500 shares, worth roughly $37400.0.

Keefe Bruyette downgraded its Blue Owl Capital Corp [OBDC] rating to an Underperform from a a Mkt perform in a research note published on December 12, 2024; the price target was decreased to $14 from $15.50. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early August from “an Outperform” to “a Mkt perform”. Hovde Group also remained covering OBDC and reiterated its “an Outperform” recommendation on May 10, 2024. B. Riley Securities revised its rating on January 08, 2024. It rated OBDC as “a Neutral” which previously was an “a Buy”.

Price Performance Review of OBDC

On Monday, Blue Owl Capital Corp [NYSE:OBDC] saw its stock fall -1.97% to $14.96. Over the last five days, the stock has lost -3.30%. Blue Owl Capital Corp shares have fallen nearly -1.06% since the year began. Nevertheless, the stocks have risen 1.92% over the past one year. While a 52-week high of $16.79 was reached on 01/02/25, a 52-week low of $13.88 was recorded on 01/06/25. SMA at 50 days reached $15.13, while 200 days put it at $15.35.

Levels Of Support And Resistance For OBDC Stock

The 24-hour chart illustrates a support level at 14.83, which if violated will result in even more drops to 14.70. On the upside, there is a resistance level at 15.21. A further resistance level may holdings at 15.46. The Relative Strength Index (RSI) on the 14-day chart is 41.89, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.04%. Stochastics %K at 38.81% indicates the stock is a holding.

How much short interest is there in Blue Owl Capital Corp?

A steep rise in short interest was recorded in Blue Owl Capital Corp stocks on 2024-12-13, growing by 3.38 million shares to a total of 7.49 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 4.11 million shares. There was a rise of 45.14%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on July 28, 2023 when B. Riley Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $15.25 price target.

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