Portman Ridge Finance (PTMN) News Today

$20.49
+0.18 (+0.89%)
(As of 04:27 PM ET)
Portman Ridge Finance Co. (NASDAQ:PTMN) Shares Purchased by International Assets Investment Management LLC
International Assets Investment Management LLC grew its holdings in shares of Portman Ridge Finance Co. (NASDAQ:PTMN - Free Report) by 1,719.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 58,153 shares of the company's stock after purchasing
Portman Ridge Finance Co. (NASDAQ:PTMN) Sees Significant Decrease in Short Interest
Portman Ridge Finance Co. (NASDAQ:PTMN - Get Free Report) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totalling 19,900 shares, a drop of 54.9% from the April 15th total of 44,100 shares. Based on an average trading volume of 40,700 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company's stock are sold short.
Portman Ridge Finance Co. (NASDAQ:PTMN) Plans $0.69 Quarterly Dividend
Portman Ridge Finance Co. (NASDAQ:PTMN) declared a quarterly dividend on Wednesday, May 8th. Shareholders of record on Tuesday, May 21st will be given a dividend of 0.69 per share on Friday, May 31st. This represents a $2.76 dividend on an annualized basis and a yield of 13.93%. The ex-dividend date is Monday, May 20th.
Portman Ridge Finance Corp.
Short Interest in Portman Ridge Finance Co. (NASDAQ:PTMN) Increases By 62.1%
Portman Ridge Finance Co. (NASDAQ:PTMN - Get Free Report) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 44,100 shares, an increase of 62.1% from the March 31st total of 27,200 shares. Based on an average daily trading volume, of 41,300 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.5% of the shares of the stock are sold short.
International Assets Investment Management LLC Boosts Stock Holdings in Portman Ridge Finance Co. (NASDAQ:PTMN)
International Assets Investment Management LLC boosted its stake in Portman Ridge Finance Co. (NASDAQ:PTMN - Free Report) by 1,719.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 58,153 sh
Oppenheimer Reaffirms Market Perform Rating for Portman Ridge Finance (NASDAQ:PTMN)
Oppenheimer reaffirmed a "market perform" rating and issued a $20.00 target price on shares of Portman Ridge Finance in a research report on Friday.
Keefe, Bruyette & Woods Trims Portman Ridge Finance (NASDAQ:PTMN) Target Price to $20.00
Keefe, Bruyette & Woods lowered their price target on shares of Portman Ridge Finance from $20.50 to $20.00 and set a "market perform" rating for the company in a report on Monday.
Q4 2023 Portman Ridge Finance Corp Earnings Call
Portman Ridge Finance Co. (NASDAQ:PTMN) Announces Quarterly Dividend of $0.69
Portman Ridge Finance Co. (NASDAQ:PTMN) announced a quarterly dividend on Wednesday, March 13th. Investors of record on Monday, March 25th will be given a dividend of 0.69 per share on Tuesday, April 2nd. This represents a $2.76 annualized dividend and a yield of 14.80%. The ex-dividend date is Friday, March 22nd.
Portman Ridge Finance Corp
Portman Ridge Finance Co. (NASDAQ:PTMN) Short Interest Update
Portman Ridge Finance Co. (NASDAQ:PTMN - Get Free Report) was the target of a significant decline in short interest during the month of February. As of February 29th, there was short interest totalling 19,300 shares, a decline of 43.2% from the February 14th total of 34,000 shares. Currently, 0.2% of the company's stock are sold short. Based on an average trading volume of 37,200 shares, the days-to-cover ratio is presently 0.5 days.
Earnings Outlook For Portman Ridge Finance
74,866 Shares in Portman Ridge Finance Co. (NASDAQ:PTMN) Purchased by Kennedy Capital Management LLC
Kennedy Capital Management LLC purchased a new position in shares of Portman Ridge Finance Co. (NASDAQ:PTMN - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 74,866 shares of the com
Portman Ridge Finance Co. (NASDAQ:PTMN) Sees Large Growth in Short Interest
Portman Ridge Finance Co. (NASDAQ:PTMN - Get Free Report) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 36,900 shares, a growth of 34.7% from the December 31st total of 27,400 shares. Based on an average daily trading volume, of 58,900 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.4% of the shares of the stock are sold short.
Portman Ridge Finance Co. (NASDAQ:PTMN) Short Interest Down 23.7% in December
Portman Ridge Finance Co. (NASDAQ:PTMN - Get Free Report) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 27,400 shares, a drop of 23.7% from the December 15th total of 35,900 shares. Based on an average daily volume of 56,400 shares, the short-interest ratio is currently 0.5 days. Currently, 0.3% of the shares of the company are short sold.
Portman Ridge Finance Co. (NASDAQ:PTMN) Sees Significant Increase in Short Interest
Portman Ridge Finance Co. (NASDAQ:PTMN - Get Free Report) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 35,900 shares, an increase of 34.0% from the November 30th total of 26,800 shares. Approximately 0.4% of the company's stock are sold short. Based on an average trading volume of 50,800 shares, the short-interest ratio is currently 0.7 days.
Portman Ridge Finance Corp PTMN
Q3 2023 Portman Ridge Finance Corp Earnings Call
Portman Ridge Finance Co. to Issue Quarterly Dividend of $0.69 (NASDAQ:PTMN)
Portman Ridge Finance Co. (NASDAQ:PTMN) declared a quarterly dividend on Wednesday, August 9th. Stockholders of record on Tuesday, August 22nd will be given a dividend of 0.69 per share on Thursday, August 31st. This represents a $2.76 annualized dividend and a dividend yield of 13.56%. The ex-dividend date of this dividend is Monday, August 21st.
PTMN - Portman Ridge Finance Corporation
Portman Ridge Finance Co. (NASDAQ:PTMN) Stake Lifted by Mackenzie Financial Corp
Mackenzie Financial Corp raised its holdings in shares of Portman Ridge Finance Co. (NASDAQ:PTMN - Free Report) by 40.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 35,141 shares of the company's stock after buying an additional
Portman Ridge Finance Co. (NASDAQ:PTMN) Shares Sold by International Assets Investment Management LLC
International Assets Investment Management LLC lowered its position in Portman Ridge Finance Co. (NASDAQ:PTMN - Free Report) by 66.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,197 shares of the c
Portman Ridge Finance Co. (NASDAQ:PTMN) Shares Sold by Confluence Investment Management LLC
Confluence Investment Management LLC decreased its position in shares of Portman Ridge Finance Co. (NASDAQ:PTMN - Get Rating) by 11.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,806
Portman Ridge Finance Co. (NASDAQ:PTMN) Announces Dividend Increase - $0.69 Per Share
Portman Ridge Finance Co. (NASDAQ:PTMN) declared a quarterly dividend on Wednesday, May 10th. Shareholders of record on Monday, May 22nd will be given a dividend of 0.69 per share on Wednesday, May 31st. This represents a $2.76 dividend on an annualized basis and a yield of 13.95%. The ex-dividend date is Friday, May 19th. This is an increase from Portman Ridge Finance's previous quarterly dividend of $0.68.
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This page (NASDAQ:PTMN) was last updated on 5/17/2024 by MarketBeat.com Staff

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