Fidus Investment Corp. (FDUS) Sees Large Volume Increase
Fidus Investment Corp. (NASDAQ:FDUS) saw strong trading volume on Wednesday . 79,496 shares traded hands during trading, a decline of 3% from the previous session’s volume of 81,920 shares.The stock last traded at $15.47 and had previously closed at $15.45.
A number of research analysts recently weighed in on the stock. Zacks Investment Research cut shares of Fidus Investment Corp. from a “hold” rating to a “sell” rating in a research note on Monday. Janney Montgomery Scott assumed coverage on shares of Fidus Investment Corp. in a research note on Wednesday, April 27th. They set a “neutral” rating on the stock. Finally, TheStreet upgraded shares of Fidus Investment Corp. from a “hold” rating to a “buy” rating in a research note on Friday, April 8th.
The firm has a 50 day moving average of $15.15 and a 200 day moving average of $14.57.
The firm also recently declared a quarterly dividend, which was paid on Friday, June 24th. Stockholders of record on Friday, June 10th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 10.08%. The ex-dividend date was Wednesday, June 8th.
Fidus Investment Corporation is a business development company. The Company provides customized debt and equity financing solutions to lower middle-market companies. Its investment objective is to provide risk-adjusted returns by generating both current income from its debt investments and capital appreciation from its equity related investments.