Gladstone Capital Co. 7.75% Notes due 2028 (NASDAQ:GLADZ) Short Interest Update

Gladstone Capital Co. 7.75% Notes due 2028 (NASDAQ:GLADZ) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 3,300 shares, an increase of 22.2% from the December 31st total of 2,700 shares. Based on an average daily trading volume, of 5,000 shares, the days-to-cover ratio is presently 0.7 days.

Gladstone Capital Co. 7.75% Notes due 2028 Price Performance

GLADZ opened at $25.58 on Friday. The stock’s 50-day moving average price is $25.38 and its 200 day moving average price is $25.45. Gladstone Capital Co. 7.75% Notes due 2028 has a 12-month low of $24.75 and a 12-month high of $25.70.

Gladstone Capital Co. 7.75% Notes due 2028 Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 17th will be given a dividend of $0.4844 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.94 annualized dividend and a dividend yield of 7.57%.

Gladstone Capital Co. 7.75% Notes due 2028 Company Profile

leaders in private equity, debt and real estate ownership and financing, the gladstone companies are a family of public investment funds. our funds as applicable, invest in commercial real estate, farmland, and small and medium-sized companies and provide financing to such businesses across the capital structure, from second lien and mezzanine debt, to equity and real estate financing solutions.