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Rand Capital Co. saw short interest surge and a stock downgrade, but announced a quarterly dividend.
Rand Capital Co. (NASDAQ: RAND) saw short interest rise 43.3% in February to 9,600 shares.
StockNews.com downgraded the stock from "strong-buy" to "buy."
The company's shares traded at $24.04, and it announced a quarterly dividend of $0.29 per share, payable on March 28th.
Rand Capital focuses on subordinated debt, preferred equity, and venture capital investments.
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Rand Capital Co. vio un aumento de interés corto y una bajada de stock, pero anunció un dividendo trimestral.