NJ State Employees Deferred Compensation Plan bought a new position in shares of Sutter Rock Capital Corp. (NASDAQ:SSSS) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 44,000 shares of the company’s stock, valued at approximately $275,000. NJ State Employees Deferred Compensation Plan owned approximately 0.22% of Sutter Rock Capital at the end of the most recent quarter.
Separately, Supplemental Annuity Collective Trust of NJ acquired a new stake in Sutter Rock Capital during the 3rd quarter valued at $624,000. Institutional investors own 19.24% of the company’s stock.
NASDAQ:SSSS traded up $0.06 during trading hours on Friday, reaching $6.76. 101,100 shares of the company traded hands, compared to its average volume of 187,906. The firm’s 50-day simple moving average is $6.30. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.61 and a current ratio of 0.61. Sutter Rock Capital Corp. has a 1-year low of $4.99 and a 1-year high of $8.39.
About Sutter Rock Capital
Sutter Rock Capital Corp. is specializing in growth capital, B round and beyond, emerging growth, and pre-IPO investments in late stage venture-backed private companies. It makes direct (primary rounds) investments in companies and also makes secondary direct investments. The fund may also invest in select publicly-traded equity securities of companies that otherwise meet its investment criteria.
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