Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Short Interest Up 30.0% in November

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 3,900 shares, a growth of 30.0% from the October 31st total of 3,000 shares. Based on an average daily volume of 5,000 shares, the days-to-cover ratio is presently 0.8 days.

Gladstone Investment Co. 5.00% Notes Due 2026 Trading Up 0.4 %

GAINN stock traded up $0.09 during mid-day trading on Monday, reaching $24.66. The company’s stock had a trading volume of 4,000 shares, compared to its average volume of 4,409. Gladstone Investment Co. 5.00% Notes Due 2026 has a 12 month low of $23.37 and a 12 month high of $25.28. The business’s 50 day moving average price is $24.61 and its 200 day moving average price is $24.42.

Gladstone Investment Co. 5.00% Notes Due 2026 Dividend Announcement

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 $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a yield of 5.07%. The ex-dividend date is Wednesday, January 15th.

Gladstone Investment Co. 5.00% Notes Due 2026 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.