TCPC Crosses Below Key Moving Average Level

In trading on Friday, shares of TCP Capital Corp. (TCPC) crossed below their 200 day moving average of $16.95, changing hands as low as $16.75 per share. TCP Capital Corp. shares are currently trading off about 4.1% on the day. The chart below shows the one year performance of TCPC shares, versus its 200 day moving average:

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TCP Capital Corp. 200 Day Moving Average Chart

Looking at the chart above, TCPC's low point in its 52 week range is $15.03 per share, with $18.55 as the 52 week high point — that compares with a last trade of $16.75.

According to the ETF Finder at ETF Channel, TCPC makes up 3.69% of the BDC Income ETF ( BIZD) which is trading lower by about 0.5% on the day Friday.

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