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

Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 1,600 shares, a decline of 5.9% from the August 15th total of 1,700 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is presently 3.2 days.

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

Hennessy Advisors, Inc. 4.875% Notes due 2026 stock opened at $24.20 on Friday. Hennessy Advisors, Inc. 4.875% Notes due 2026 has a 52-week low of $22.75 and a 52-week high of $24.99. The stock’s 50 day moving average price is $24.01 and its two-hundred day moving average price is $23.84.

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

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Sunday, September 15th will be paid a dividend of $0.3047 per share. This represents a $1.22 annualized dividend and a yield of 5.04%. The ex-dividend date is Friday, September 13th.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Company Profile

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.