New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZ) Sees Significant Growth in Short Interest

New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZGet Free Report) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 7,800 shares, an increase of 143.8% from the January 31st total of 3,200 shares. Based on an average daily trading volume, of 7,200 shares, the days-to-cover ratio is currently 1.1 days.

New Mountain Finance Co. 8.250% Notes due 2028 Stock Performance

NMFCZ opened at $25.39 on Friday. The firm has a 50-day moving average of $25.60 and a 200 day moving average of $25.61. New Mountain Finance Co. 8.250% Notes due 2028 has a fifty-two week low of $24.95 and a fifty-two week high of $26.20.

New Mountain Finance Co. 8.250% Notes due 2028 Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 31st were given a dividend of $0.5156 per share. The ex-dividend date was Friday, January 31st. This represents a $2.06 annualized dividend and a yield of 8.12%.

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