New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZ) Short Interest Up 117.1% in March

New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZGet Free Report) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 22,800 shares, an increase of 117.1% from the February 28th total of 10,500 shares. Based on an average daily trading volume, of 8,800 shares, the short-interest ratio is presently 2.6 days.

New Mountain Finance Co. 8.250% Notes due 2028 Trading Down 0.3 %

NMFCZ traded down $0.07 during trading on Friday, hitting $25.36. The company had a trading volume of 28,219 shares, compared to its average volume of 13,047. New Mountain Finance Co. 8.250% Notes due 2028 has a 1-year low of $24.95 and a 1-year high of $26.20. The business has a 50-day moving average of $25.49 and a 200-day moving average of $25.61.

New Mountain Finance Co. 8.250% Notes due 2028 Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 31st were paid a $0.5156 dividend. The ex-dividend date was Friday, January 31st. This represents a $2.06 dividend on an annualized basis and a dividend yield of 8.13%.

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