Short Interest in Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) Declines By 33.6%

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 7,100 shares, a decrease of 33.6% from the February 13th total of 10,700 shares. Based on an average daily volume of 4,900 shares, the days-to-cover ratio is currently 1.4 days.

Gladstone Investment Co. 4.875% Notes due 2028 Stock Performance

Shares of GAINZ stock traded down $0.04 during trading hours on Monday, reaching $23.17. The company had a trading volume of 1,045 shares, compared to its average volume of 3,944. The company has a 50 day moving average of $23.31 and a 200 day moving average of $23.43. Gladstone Investment Co. 4.875% Notes due 2028 has a 1-year low of $22.45 and a 1-year high of $24.16.

Gladstone Investment Co. 4.875% Notes due 2028 Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, February 1st. Stockholders of record on Wednesday, January 15th were paid a $0.3047 dividend. This represents a $1.22 dividend on an annualized basis and a dividend yield of 5.26%. The ex-dividend date of this dividend was Wednesday, January 15th.

Gladstone Investment Co. 4.875% Notes due 2028 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.