Pearl Diver Credit Company Inc. (NYSE:PDCC) Short Interest Update

Pearl Diver Credit Company Inc. (NYSE:PDCC) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 503 shares, a drop of 45.6% from the January 15th total of 924 shares. Based on an average daily volume of 3,355 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 3,355 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Pearl Diver Credit

A hedge fund recently raised its stake in Pearl Diver Credit stock. Kingswood Wealth Advisors LLC grew its position in Pearl Diver Credit Company Inc. (NYSE:PDCC) by 12.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 88,685 shares of the company’s stock after acquiring an additional 10,000 shares during the period. Kingswood Wealth Advisors LLC owned 1.37% of Pearl Diver Credit worth $1,463,000 at the end of the most recent reporting period.

Pearl Diver Credit Trading Down 4.7%

Shares of NYSE PDCC traded down $0.64 during trading hours on Friday, hitting $12.84. The stock had a trading volume of 9,197 shares, compared to its average volume of 4,767. The firm’s 50-day moving average price is $14.13 and its two-hundred day moving average price is $15.64. Pearl Diver Credit has a 52 week low of $12.68 and a 52 week high of $21.30.

Pearl Diver Credit (NYSE:PDCC) last posted its earnings results on Tuesday, November 18th. The company reported $0.44 earnings per share for the quarter. The company had revenue of $5.41 million for the quarter.

Pearl Diver Credit Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be issued a dividend of $0.22 per share. This represents a c) dividend on an annualized basis and a yield of 20.6%. The ex-dividend date is Friday, May 15th.

Pearl Diver Credit Company Profile

Pearl Diver Credit Company Inc is a newly organized, externally managed, non-diversified, closed-end management investment company. Its primary investment objective is to maximize its portfolio’s total return, with a secondary objective of generating high current income. Pearl Diver Credit Company Inc is based in NEW YORK.