Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Short Interest Update

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 2,300 shares, an increase of 155.6% from the March 31st total of 900 shares. Based on an average daily volume of 5,800 shares, the short-interest ratio is presently 0.4 days.

Gladstone Investment Co. 5.00% Notes Due 2026 Price Performance

Shares of Gladstone Investment Co. 5.00% Notes Due 2026 stock opened at $23.92 on Friday. The firm has a 50 day simple moving average of $24.02 and a 200 day simple moving average of $23.81. Gladstone Investment Co. 5.00% Notes Due 2026 has a fifty-two week low of $23.00 and a fifty-two week high of $24.43.

Gladstone Investment Co. 5.00% Notes Due 2026 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be issued a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.23%. The ex-dividend date is Friday, April 12th.

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.