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 significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 1,400 shares, a decline of 22.2% from the March 15th total of 1,800 shares. Based on an average trading volume of 9,600 shares, the days-to-cover ratio is currently 0.1 days.

Gladstone Investment Co. 5.00% Notes Due 2026 Price Performance

Shares of Gladstone Investment Co. 5.00% Notes Due 2026 stock traded down $0.13 during trading on Monday, hitting $24.75. The stock had a trading volume of 18,498 shares, compared to its average volume of 7,927. Gladstone Investment Co. 5.00% Notes Due 2026 has a 12 month low of $23.85 and a 12 month high of $25.28. The firm’s fifty day simple moving average is $24.88 and its 200-day simple moving average is $24.70.

Gladstone Investment Co. 5.00% Notes Due 2026 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be issued a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.05%. The ex-dividend date is Tuesday, April 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.