Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) Short Interest Up 6.7% in October

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 11,200 shares, an increase of 6.7% from the October 15th total of 10,500 shares. Based on an average daily trading volume, of 3,000 shares, the short-interest ratio is presently 3.7 days.

Gladstone Investment Co. 4.875% Notes due 2028 Stock Down 1.0 %

GAINZ traded down $0.23 during trading on Tuesday, hitting $23.35. The company’s stock had a trading volume of 1,535 shares, compared to its average volume of 3,494. Gladstone Investment Co. 4.875% Notes due 2028 has a one year low of $22.18 and a one year high of $24.72. The business’s 50 day simple moving average is $23.66 and its 200-day simple moving average is $23.19.

Gladstone Investment Co. 4.875% Notes due 2028 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Saturday, February 1st. Shareholders of record on Wednesday, January 15th will be issued a dividend of $0.3047 per share. This represents a $1.22 annualized dividend and a yield of 5.22%. The ex-dividend date is Wednesday, January 15th.

Gladstone Investment Co. 4.875% Notes due 2028 Company Profile

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.