Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) Sees Significant Increase in Short Interest

Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 2,900 shares, an increase of 52.6% from the October 31st total of 1,900 shares. Based on an average daily volume of 500 shares, the short-interest ratio is presently 5.8 days.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Stock Performance

NASDAQ:HNNAZ traded up $0.06 during mid-day trading on Friday, hitting $24.06. 42 shares of the stock were exchanged, compared to its average volume of 1,127. The firm’s 50-day simple moving average is $24.28 and its 200 day simple moving average is $24.04. Hennessy Advisors, Inc. 4.875% Notes due 2026 has a fifty-two week low of $22.75 and a fifty-two week high of $24.99.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Sunday, September 15th were issued a dividend of $0.3047 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.22 annualized dividend and a yield of 5.07%.

About Hennessy Advisors, Inc. 4.875% Notes due 2026

hennessy advisors, inc. is the publicly traded investment manager of the hennessy funds. the company serves clients with integrity, honesty and candor. hennessy advisors’ strength lies in their disciplined investment style and commitment to managing their mutual funds for the benefit of their shareholders.