Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) Short Interest Update

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 12,200 shares, a growth of 5.2% from the November 30th total of 11,600 shares. Based on an average trading volume of 3,500 shares, the days-to-cover ratio is presently 3.5 days.

Gladstone Investment Co. 4.875% Notes due 2028 Stock Performance

Shares of GAINZ opened at $23.43 on Friday. Gladstone Investment Co. 4.875% Notes due 2028 has a 12 month low of $22.25 and a 12 month high of $24.16. The company has a 50-day moving average price of $23.35 and a two-hundred day moving average price of $23.29.

Gladstone Investment Co. 4.875% Notes due 2028 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, February 1st. Shareholders of record on Wednesday, January 15th will be paid a dividend of $0.3047 per share. The ex-dividend date is Wednesday, January 15th. This represents a $1.22 annualized dividend and a yield of 5.20%.

About Gladstone Investment Co. 4.875% Notes due 2028

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.