WhiteHorse Finance, Inc. 7.875% Notes due 2028 (NASDAQ:WHFCL) Short Interest Up 52.0% in March

WhiteHorse Finance, Inc. 7.875% Notes due 2028 (NASDAQ:WHFCLGet Free Report) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 3,800 shares, a growth of 52.0% from the February 28th total of 2,500 shares. Based on an average trading volume of 2,400 shares, the days-to-cover ratio is currently 1.6 days.

WhiteHorse Finance, Inc. 7.875% Notes due 2028 Price Performance

NASDAQ WHFCL opened at $25.25 on Friday. WhiteHorse Finance, Inc. 7.875% Notes due 2028 has a 52-week low of $25.00 and a 52-week high of $25.73. The business’s 50-day moving average price is $25.36 and its 200 day moving average price is $25.40.

WhiteHorse Finance, Inc. 7.875% Notes due 2028 Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Saturday, March 1st were given a dividend of $0.4922 per share. The ex-dividend date was Friday, February 28th. This represents a $1.97 dividend on an annualized basis and a yield of 7.80%.

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