Short Interest in Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Increases By 30.0%

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) was the recipient of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 3,900 shares, a growth of 30.0% from the October 31st total of 3,000 shares. Based on an average trading volume of 5,000 shares, the days-to-cover ratio is currently 0.8 days.

Gladstone Investment Co. 5.00% Notes Due 2026 Trading Up 0.4 %

GAINN stock opened at $24.66 on Monday. The firm has a 50-day moving average of $24.61 and a two-hundred day moving average of $24.42. Gladstone Investment Co. 5.00% Notes Due 2026 has a 12 month low of $23.37 and a 12 month high of $25.28.

Gladstone Investment Co. 5.00% Notes Due 2026 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Saturday, February 1st. Stockholders of record on Wednesday, January 15th will be given a $0.3125 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.07%.

Gladstone Investment Co. 5.00% Notes Due 2026 Company Profile

gladstone investment corporation (nasdaq: gain), a business development company (“bdc”), is a private equity fund focused on acquiring mature, lower middle market companies with attractive fundamentals and strong management teams. as a publicly-traded bdc, gain provides both equity and debt capital, which greatly increases certainty and speed of closing as well as provides gain’s shareholders with both current yield in the form of monthly dividends and potential capital gains upside.