Mill City Ventures III (MCVT)

• Market cap: $12.7M
• 1 day: 1.02%
• 5 days: 0.00%
• 1 month: 11.17%
• 3 months: -31.38%
• 6 months: -32.77%
• Year to date: -12.33%
• 1 year: -18.11%
• 5 years: -53.94%
• 10 years: -53.94%
• Sector: Financials
• Industry: Short-term Business Credit Institutions

About: Mill City Ventures III Ltd is a non-bank lender and specialty finance company. The company is engaged in the business of providing short-term specialty finance solutions primarily to private businesses, micro-and small-cap public companies, and high-net-worth individuals. The principal specialty finance solutions that they provide are high-interest short-term lending arrangements. Typically, these lending arrangements involve obtaining collateral as security for the borrower's repayment of funds, or personal guarantees from the principals or affiliates of the borrower.

Employees: 3

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

0% more funds holding

Funds holding: 5 [Q2] → 5 (+0) [Q3]

0.09% less ownership

Funds ownership: 0.53% [Q2] → 0.44% (-0.09%) [Q3]

36% less capital invested

Capital invested by funds: $98.9K [Q2] → $63.6K (-$35.4K) [Q3]

67% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 3