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

New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZ) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 4,100 shares, a growth of 215.4% from the August 31st total of 1,300 shares. Based on an average trading volume of 9,200 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 9,200 shares, the short-interest ratio is currently 0.4 days.

New Mountain Finance Co. 8.250% Notes due 2028 Stock Up 0.1%

Shares of NASDAQ NMFCZ opened at $25.36 on Friday. The company has a 50 day simple moving average of $25.38 and a two-hundred day simple moving average of $25.40. New Mountain Finance Co. 8.250% Notes due 2028 has a fifty-two week low of $25.09 and a fifty-two week high of $26.20.

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

The business also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, August 1st were issued a $0.5156 dividend. This represents a $2.06 annualized dividend and a yield of 8.1%. This is a positive change from New Mountain Finance Co. 8.250% Notes due 2028’s previous quarterly dividend of $0.52. The ex-dividend date of this dividend was Friday, August 1st.