Short Interest in New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZ) Grows By 36.7%

New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZGet Free Report) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 8,200 shares, a growth of 36.7% from the December 31st total of 6,000 shares. Based on an average daily volume of 10,100 shares, the days-to-cover ratio is currently 0.8 days.

New Mountain Finance Co. 8.250% Notes due 2028 Trading Down 1.9 %

New Mountain Finance Co. 8.250% Notes due 2028 stock traded down $0.49 during mid-day trading on Friday, hitting $25.26. The company’s stock had a trading volume of 9,599 shares, compared to its average volume of 9,090. The stock’s fifty day moving average is $25.62 and its two-hundred day moving average is $25.62. New Mountain Finance Co. 8.250% Notes due 2028 has a 1 year low of $24.95 and a 1 year high of $26.29.

New Mountain Finance Co. 8.250% Notes due 2028 Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 31st will be issued a dividend of $0.5156 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 8.17%. The ex-dividend date is Friday, January 31st.

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