Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Short Interest Up 65.5% in February

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 4,800 shares, an increase of 65.5% from the January 31st total of 2,900 shares. Based on an average trading volume of 17,200 shares, the short-interest ratio is currently 0.3 days.

Gladstone Investment Co. 5.00% Notes Due 2026 Trading Down 0.5 %

Shares of NASDAQ GAINN traded down $0.12 during midday trading on Friday, reaching $24.60. The company had a trading volume of 44,074 shares, compared to its average volume of 13,252. Gladstone Investment Co. 5.00% Notes Due 2026 has a one year low of $23.75 and a one year high of $25.28. The firm’s fifty day moving average price is $24.68 and its 200-day moving average price is $24.62.

Gladstone Investment Co. 5.00% Notes Due 2026 Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Saturday, February 1st. Shareholders of record on Wednesday, January 15th were given a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a yield of 5.08%. The ex-dividend date was Wednesday, January 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.