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- Reuters•3 months ago
Ares Capital Corp, PennantPark Investment Corp and Solar Capital Ltd were among more than half a dozen business development companies (BDCs) to report quarterly earnings this week, with many more funds slated to post numbers throughout next week. BDCs, a specialized type of closed-end investment fund that lends to privately-owned US mid-sized businesses, gained traction over the last several years as a key class of alternative capital providers seeking to gain market share as banks scaled back lending to smaller companies in the face of heightened regulatory scrutiny on leveraged loans.
|Bid||17.17 x 200|
|Ask||21.00 x 1000|
|52wk Range||15.05 - 20.25|
|Day's Range||20.11 - 20.25|
|Avg Vol (3m)||121,712|
As of 4:00 PM EDT. Market closed.