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

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 12,200 shares, an increase of 5.2% from the November 30th total of 11,600 shares. Based on an average daily 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 %

Shares of GAINZ stock opened at $23.65 on Thursday. The firm’s 50 day moving average is $23.35 and its 200-day moving average is $23.29. Gladstone Investment Co. 4.875% Notes due 2028 has a 1 year low of $22.25 and a 1 year high of $24.16.

Gladstone Investment Co. 4.875% Notes due 2028 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, February 1st. Shareholders of record on Wednesday, January 15th will be given a $0.3047 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $1.22 dividend on an annualized basis and a yield of 5.15%.

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.