Triplepoint Venture Growth Bdc Corp (NYSE:TPVG) Sellers Strengthened Their Shorts By 7.59%

June 27, 2018 - By Maria Fierro

Change of 7.59% for Triplepoint Venture Growth Bdc Corp (NYSE:TPVG)’s shares shorted was showed. FINRA announced shares shorted of TPVG’s total 127,500 shares. The up change of 7.59% from 118,500 shares was reported. Triplepoint Venture Growth Bdc Corp (NYSE:TPVG) has 44,300 shares average volume. It’ll cost 3 days for TPVG to recover its former position.

TPVG is touching $12.66 during the last trading session, after increased 0.56%.Currently TriplePoint Venture Growth BDC Corp. is downtrending after 4.93% change in last June 27, 2017. TPVG has 21,110 shares volume. The stock underperformed the S&P500 by 17.50%.

TriplePoint Venture Growth BDC Corp is a business development firm specializing investments in growth stage.The firm is valued at $224.74 million. It also provides debt financing to venture growth space companies which includes growth capital loans, equipment financings, revolving loans, and direct equity investments.The P/E ratio is 9.07. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector.

There’s a substantial TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) news brought out by Seekingalpha.com. It’s an item titled: “11.7% Yield Positioned For Rising Rates And Ready To Rally” on June 13, 2018.

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