Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) Short Interest Up 5.2% in December

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 12,200 shares, a growth of 5.2% from the November 30th total of 11,600 shares. Based on an average trading volume of 3,500 shares, the short-interest ratio is currently 3.5 days.

Gladstone Investment Co. 4.875% Notes due 2028 Trading Up 1.3 %

GAINZ opened at $23.65 on Thursday. The firm’s fifty day moving average is $23.35 and its two-hundred day moving average is $23.29. Gladstone Investment Co. 4.875% Notes due 2028 has a twelve month low of $22.25 and a twelve month high of $24.16.

Gladstone Investment Co. 4.875% Notes due 2028 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, February 1st. Investors of record on Wednesday, January 15th will be paid a dividend of $0.3047 per share. This represents a $1.22 annualized dividend and a yield of 5.15%. The ex-dividend date of this dividend is Wednesday, January 15th.

About Gladstone Investment Co. 4.875% Notes due 2028

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.