Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Short Interest Update

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) saw a large decrease in short interest during the month of August. As of August 15th, there was short interest totaling 100 shares, adecreaseof88.9% from the July 31st total of 900 shares. Based on an average trading volume of 5,300 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 5,300 shares, the short-interest ratio is presently 0.0 days.

Gladstone Investment Co. 5.00% Notes Due 2026 Price Performance

GAINN stock traded up $0.05 during mid-day trading on Tuesday, reaching $24.95. 2,617 shares of the company traded hands, compared to its average volume of 7,062. Gladstone Investment Co. 5.00% Notes Due 2026 has a fifty-two week low of $24.25 and a fifty-two week high of $25.28. The firm’s 50 day moving average price is $25.00 and its 200 day moving average price is $24.92.

Gladstone Investment Co. 5.00% Notes Due 2026 Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 1st. Stockholders of record on Tuesday, July 15th were issued a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Tuesday, July 15th.

About Gladstone Investment Co. 5.00% Notes Due 2026

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.