Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Short Interest Update

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 4,800 shares, an increase of 65.5% from the January 31st total of 2,900 shares. Based on an average daily volume of 17,200 shares, the days-to-cover ratio is currently 0.3 days.

Gladstone Investment Co. 5.00% Notes Due 2026 Price Performance

NASDAQ:GAINN traded up $0.02 during mid-day trading on Tuesday, reaching $24.78. 1,014 shares of the stock were exchanged, compared to its average volume of 12,850. Gladstone Investment Co. 5.00% Notes Due 2026 has a 1-year low of $23.80 and a 1-year high of $25.28. The business has a fifty day moving average price of $24.69 and a 200 day moving average price of $24.63.

Gladstone Investment Co. 5.00% Notes Due 2026 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Saturday, February 1st. Investors of record on Wednesday, January 15th were paid a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a yield of 5.05%. The ex-dividend date was Wednesday, January 15th.

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.