Stellus Capital Investment Corp (SCM) gains 1.69% for July 21

Equities Staff  |

Stellus Capital Investment Corp (NYSE: SCM) shares gained 1.69%, or $0.22 per share, to close Wednesday at $13.21. After opening the day at $13.07, shares of Stellus Capital fluctuated between $13.30 and $12.99. 107,058 shares traded hands an increase from their 30 day average of 56,495. Wednesday's activity brought Stellus Capital’s market cap to $257,410,100.

Stellus Capital is headquartered in Houston, Texas..

About Stellus Capital Investment Corp

The Company is an externally-managed, closed-end, non-diversified investment management company that has elected to be regulated as a business development company under the Investment Company Act of 1940. The Company's investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing primarily in private middle-market companies (typically those with $5.0 million to $50.0 million of EBITDA (earnings before interest, taxes, depreciation and amortization)) through first lien, second lien, unitranche and mezzanine debt financing, and corresponding equity investments. The Company's investment activities are managed by its investment adviser, Stellus Capital Management, LLC.

Visit Stellus Capital Investment Corp’s profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on Stellus Capital Investment Corp and to follow the company’s latest updates, you can visit the company’s profile page here: Stellus Capital Investment Corp’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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