Short Interest in Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Expands By 8.3%

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 5,200 shares, an increase of 8.3% from the December 15th total of 4,800 shares. Based on an average trading volume of 14,000 shares, the short-interest ratio is currently 0.4 days.

Gladstone Investment Co. 5.00% Notes Due 2026 Stock Performance

Shares of GAINN traded down $0.06 during midday trading on Monday, hitting $24.55. 8,363 shares of the company’s stock traded hands, compared to its average volume of 8,406. Gladstone Investment Co. 5.00% Notes Due 2026 has a 1 year low of $23.41 and a 1 year high of $25.28. The firm’s fifty day moving average is $24.62 and its 200-day moving average is $24.54.

Gladstone Investment Co. 5.00% Notes Due 2026 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, February 1st. Stockholders of record on Wednesday, January 15th will be issued a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.09%. The ex-dividend date of this dividend is 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.