Short Interest in Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Expands By 8.3%

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 5,200 shares, a growth of 8.3% from the December 31st total of 4,800 shares. Based on an average daily volume of 14,000 shares, the short-interest ratio is currently 0.4 days.

Gladstone Investment Co. 5.00% Notes Due 2026 Trading Up 0.2 %

GAINN opened at $24.60 on Tuesday. The business’s 50-day moving average is $24.64 and its two-hundred day moving average is $24.56. Gladstone Investment Co. 5.00% Notes Due 2026 has a 1 year low of $23.65 and a 1 year high of $25.28.

Gladstone Investment Co. 5.00% Notes Due 2026 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, February 1st. Stockholders of record on Wednesday, January 15th were issued a dividend of $0.3125 per share. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $1.25 annualized dividend and a dividend yield of 5.08%.

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.