Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Short Interest Up 400.0% in June

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 3,000 shares, a growth of 400.0% from the May 31st total of 600 shares. Based on an average daily volume of 4,000 shares, the short-interest ratio is presently 0.8 days.

Gladstone Investment Co. 5.00% Notes Due 2026 Price Performance

Shares of NASDAQ GAINN traded down $0.08 during trading on Thursday, hitting $24.15. 2,146 shares of the company traded hands, compared to its average volume of 4,537. The business’s fifty day moving average is $24.11 and its 200 day moving average is $24.02. Gladstone Investment Co. 5.00% Notes Due 2026 has a fifty-two week low of $23.00 and a fifty-two week high of $24.44.

Gladstone Investment Co. 5.00% Notes Due 2026 Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 1st. Stockholders of record on Monday, July 15th will be issued a dividend of $0.3125 per share. The ex-dividend date is Monday, July 15th. This represents a $1.25 annualized dividend and a dividend yield of 5.18%.

Gladstone Investment Co. 5.00% Notes Due 2026 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.