Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) Short Interest Update

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totalling 3,200 shares, a decrease of 64.4% from the June 15th total of 9,000 shares. Based on an average daily trading volume, of 2,600 shares, the short-interest ratio is presently 1.2 days.

Gladstone Investment Co. 4.875% Notes due 2028 Price Performance

Shares of GAINZ stock traded down $0.02 on Friday, hitting $22.98. 2,356 shares of the company’s stock traded hands, compared to its average volume of 3,705. Gladstone Investment Co. 4.875% Notes due 2028 has a one year low of $21.38 and a one year high of $24.76. The company’s fifty day simple moving average is $22.94 and its 200 day simple moving average is $22.92.

Gladstone Investment Co. 4.875% Notes due 2028 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 1st. Investors of record on Monday, July 15th will be issued a dividend of $0.3047 per share. This represents a $1.22 annualized dividend and a dividend yield of 5.30%. The ex-dividend date is Monday, July 15th.

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.