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 significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 9,400 shares, a growth of 10.6% from the August 15th total of 8,500 shares. Based on an average daily volume of 2,800 shares, the days-to-cover ratio is currently 3.4 days.

Gladstone Investment Co. 5.00% Notes Due 2026 Stock Performance

Shares of GAINN traded up $0.43 on Wednesday, reaching $25.28. The company’s stock had a trading volume of 4,512 shares, compared to its average volume of 3,995. Gladstone Investment Co. 5.00% Notes Due 2026 has a 12-month low of $23.06 and a 12-month high of $25.28. The stock’s 50 day simple moving average is $24.36 and its two-hundred day simple moving average is $24.20.

Gladstone Investment Co. 5.00% Notes Due 2026 Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 1st. Stockholders of record on Monday, July 15th were given a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a dividend yield of 4.94%. The ex-dividend date was Monday, July 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.