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 large decrease in short interest in October. As of October 15th, there was short interest totalling 1,300 shares, a decrease of 79.0% from the September 30th total of 6,200 shares. Based on an average daily trading volume, of 3,600 shares, the short-interest ratio is currently 0.4 days.

Gladstone Investment Co. 5.00% Notes Due 2026 Price Performance

NASDAQ:GAINN remained flat at $24.55 during trading hours on Friday. 4,394 shares of the company were exchanged, compared to its average volume of 4,216. Gladstone Investment Co. 5.00% Notes Due 2026 has a 12-month low of $23.11 and a 12-month high of $25.28. The firm’s fifty day moving average is $24.63 and its 200-day moving average is $24.32.

Gladstone Investment Co. 5.00% Notes Due 2026 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th will be given a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a yield of 5.09%. The ex-dividend date is Tuesday, October 15th.

About Gladstone Investment Co. 5.00% Notes Due 2026

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.