Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) Sees Large Increase in Short Interest

Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 498 shares, an increase of ? from the April 15th total of 0 shares. Based on an average daily trading volume, of 1,504 shares, the short-interest ratio is presently 0.3 days.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Stock Performance

Shares of HNNAZ traded up $0.01 during trading hours on Monday, hitting $25.01. The stock had a trading volume of 1,284 shares, compared to its average volume of 1,522. The firm has a 50 day simple moving average of $25.04 and a 200-day simple moving average of $25.01. Hennessy Advisors, Inc. 4.875% Notes due 2026 has a 1-year low of $24.25 and a 1-year high of $26.48.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Sunday, March 15th were paid a dividend of $0.3047 per share. The ex-dividend date was Friday, March 13th. This represents a $1.22 dividend on an annualized basis and a yield of 4.9%.

About Hennessy Advisors, Inc. 4.875% Notes due 2026

Hennessy Advisors, Inc is a publicly traded investment management firm specializing in the development and administration of mutual funds, closed-end funds and separately managed accounts. Headquartered in St. Louis, Missouri, the company provides a range of portfolio management services aimed at income and total-return strategies for retail and institutional investors across the United States.

The firm’s core offerings include equity income, growth, and balanced strategies, delivered through a family of open-end and closed-end investment vehicles.