Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Short Interest Update

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 2,300 shares, an increase of 155.6% from the March 31st total of 900 shares. Based on an average trading volume of 5,800 shares, the days-to-cover ratio is currently 0.4 days.

Gladstone Investment Co. 5.00% Notes Due 2026 Price Performance

Shares of Gladstone Investment Co. 5.00% Notes Due 2026 stock opened at $23.92 on Friday. The firm has a 50-day moving average of $24.02 and a 200-day moving average of $23.81. Gladstone Investment Co. 5.00% Notes Due 2026 has a 52-week low of $23.00 and a 52-week high of $24.43.

Gladstone Investment Co. 5.00% Notes Due 2026 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be given a dividend of $0.3125 per share. The ex-dividend date is Friday, April 12th. This represents a $1.25 annualized dividend and a yield of 5.23%.

About Gladstone Investment Co. 5.00% Notes Due 2026

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.