PennantPark Floating Rate Capital Ltd’s recently made public that its Director Briones Jose A acquired Company’s shares for reported $14995.0 on May 21 ’25. In the deal valued at $10.13 per share,1,480 shares were bought. As a result of this transaction, Briones Jose A now holds 330,918 shares worth roughly $3.45 million.
Then, Briones Jose A bought 9,840 shares, generating $99,925 in total proceeds. Upon buying the shares at $10.15, the Director now owns 329,438 shares.
Ladenburg Thalmann upgraded its PennantPark Floating Rate Capital Ltd [PFLT] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who began to cover the stock in mid December with a ‘”a Mkt perform”‘ rating. Maxim Group also remained covering PFLT and has increased its forecast on August 12, 2024 with a “Buy” recommendation from previously “Hold” rating. UBS started covering the stock on June 08, 2023. It rated PFLT as “a Neutral”.
Price Performance Review of PFLT
On Friday, PennantPark Floating Rate Capital Ltd [NYSE:PFLT] saw its stock fall -0.57% to $10.42. Over the last five days, the stock has gained 0.68%. PennantPark Floating Rate Capital Ltd shares have fallen nearly -4.67% since the year began. Nevertheless, the stocks have fallen -8.27% over the past one year. While a 52-week high of $12.02 was reached on 02/11/25, a 52-week low of $8.82 was recorded on 04/09/25.
Levels Of Support And Resistance For PFLT Stock
The 24-hour chart illustrates a support level at 10.37, which if violated will result in even more drops to 10.31. On the upside, there is a resistance level at 10.47. A further resistance level may holdings at 10.52.
How much short interest is there in PennantPark Floating Rate Capital Ltd?
A steep rise in short interest was recorded in PennantPark Floating Rate Capital Ltd stocks on 2025-05-30, growing by 0.3 million shares to a total of 0.92 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 0.62 million shares. There was a rise of 32.54%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 09, 2021 when Oppenheimer began covering the stock and recommended ‘”a Perform”‘ rating .
