Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) Short Interest Down 58.9% in January

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) was the target of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 1,621 shares, a drop of 58.9% from the January 15th total of 3,940 shares. Based on an average trading volume of 6,170 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 6,170 shares, the days-to-cover ratio is currently 0.3 days.

Gladstone Investment Co. 4.875% Notes due 2028 Trading Down 0.0%

GAINZ stock traded down $0.00 during midday trading on Friday, hitting $24.08. The company’s stock had a trading volume of 2,489 shares, compared to its average volume of 6,293. Gladstone Investment Co. 4.875% Notes due 2028 has a 12 month low of $22.21 and a 12 month high of $24.25. The company has a 50 day moving average of $23.98 and a two-hundred day moving average of $23.85.

About Gladstone Investment Co. 4.875% Notes due 2028

Gladstone Investment Co 4.875% Notes due 2028 (NASDAQ:GAINZ) are senior unsecured debt securities issued by Gladstone Investment Corporation, a business development company that provides capital to small and mid-sized private U.S. businesses. The notes pay a fixed annual interest rate of 4.875% and mature in 2028, offering investors a defined income stream while supporting the company’s lending and equity investment activities.

Proceeds from the issuance of GAINZ notes are used to finance Gladstone Investment Corporation’s core investment strategy, which includes first-lien debt, subordinated debt and equity investments in privately held companies.