Short Interest in Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) Rises By 5.2%

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 12,200 shares, an increase 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 currently 3.5 days.

Gladstone Investment Co. 4.875% Notes due 2028 Stock Performance

GAINZ stock opened at $23.43 on Friday. Gladstone Investment Co. 4.875% Notes due 2028 has a twelve month low of $22.25 and a twelve month high of $24.16. The business has a fifty day moving average of $23.35 and a 200-day moving average of $23.29.

Gladstone Investment Co. 4.875% Notes due 2028 Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, February 1st. Shareholders of record on Wednesday, January 15th will be issued 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%.

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.