Gladstone Capital Co. 7.75% Notes due 2028 (NASDAQ:GLADZ) Short Interest Down 15.8% in February

Gladstone Capital Co. 7.75% Notes due 2028 (NASDAQ:GLADZ) was the target of a large decline in short interest in February. As of February 28th, there was short interest totalling 3,200 shares, a decline of 15.8% from the February 13th total of 3,800 shares. Based on an average daily volume of 5,300 shares, the days-to-cover ratio is presently 0.6 days.

Gladstone Capital Co. 7.75% Notes due 2028 Price Performance

Shares of GLADZ traded up $0.01 during mid-day trading on Thursday, hitting $25.75. The company’s stock had a trading volume of 2,733 shares, compared to its average volume of 5,286. The company’s 50-day moving average is $25.53 and its 200-day moving average is $25.47. Gladstone Capital Co. 7.75% Notes due 2028 has a 52-week low of $25.00 and a 52-week high of $25.98.

Gladstone Capital Co. 7.75% Notes due 2028 Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were issued a dividend of $0.4844 per share. The ex-dividend date was Friday, February 14th. This represents a $1.94 dividend on an annualized basis and a yield of 7.53%.

Gladstone Capital Co. 7.75% Notes due 2028 Company Profile

leaders in private equity, debt and real estate ownership and financing, the gladstone companies are a family of public investment funds. our funds as applicable, invest in commercial real estate, farmland, and small and medium-sized companies and provide financing to such businesses across the capital structure, from second lien and mezzanine debt, to equity and real estate financing solutions.