Traders Buy High Volume of Put Options on Ares Capital (NASDAQ:ARCC)

robot
Abstract generation in progress

Ares Capital (NASDAQ:ARCC) saw a significant increase in put option trading, with investors acquiring 11,684 put options, representing a 99% increase compared to typical volume, indicating bearish sentiment or hedging. Despite this, company insiders recently purchased shares, and analysts maintain a “Moderate Buy” rating with an average price target of $22. Ares Capital also declared a quarterly dividend of $0.48 per share, yielding 10.3%, though its payout ratio of 103% raises concerns about sustainability.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin