WhiteHorse Finance, Inc. 7.875% Notes due 2028 (NASDAQ:WHFCL) Stock Short Interest Report for September

WhiteHorse Finance, Inc. 7.875% Notes due 2028 (NASDAQ:WHFCL) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 3,044 shares, a growth of 90.4% from the September 15th total of 1,599 shares. Based on an average trading volume of 3,027 shares, the days-to-cover ratio is currently 1.0 days.

WhiteHorse Finance, Inc. 7.875% Notes due 2028 Price Performance

WHFCL stock opened at $25.13 on Thursday. The stock’s 50 day simple moving average is $25.18 and its 200 day simple moving average is $25.30. WhiteHorse Finance, Inc. 7.875% Notes due 2028 has a 12-month low of $24.97 and a 12-month high of $25.65.

WhiteHorse Finance, Inc. 7.875% Notes due 2028 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.4922 per share. The ex-dividend date was Tuesday, September 1st. This represents a $1.97 annualized dividend and a yield of 7.8%.

WhiteHorse Finance, Inc is a business development company that provides financing to privately owned, middle-market companies. The company primarily invests in senior secured loans and other debt investments, while also making selected subordinated debt and equity investments. Its objective is to generate current income and, to a lesser extent, capital appreciation through a diversified portfolio of corporate investments.

WhiteHorse Finance generally works with companies across a range of industries and seeks investments that may be supported by established operations, experienced management teams, and recurring cash flows.