Blackrock Tcp Capital Corp. (NASDAQ:TCPC) Short Interest Update

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Blackrock TCP Capital Corp. (NASDAQ:TCPC) experienced a significant 22% increase in short interest in March, totaling 5,144,286 shares, or approximately 6.1% of its outstanding shares. The company reported a missed earnings per share for the last quarter and a negative net margin, leading to a consensus “Strong Sell” rating from analysts with a $3.50 price target. Despite a high dividend yield of 19.2%, its payout ratio is negative at -64.76%, further contributing to a weak fundamental and sentiment outlook.

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