Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Sees Large Drop in Short Interest

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 700 shares, a decline of 56.3% from the September 15th total of 1,600 shares. Based on an average trading volume of 6,000 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 6,000 shares, the short-interest ratio is presently 0.1 days.

Gladstone Investment Co. 5.00% Notes Due 2026 Stock Down 0.1%

Shares of GAINN opened at $24.91 on Friday. The business has a fifty day moving average of $25.08 and a 200 day moving average of $24.97. Gladstone Investment Co. 5.00% Notes Due 2026 has a one year low of $24.25 and a one year high of $25.46.

Gladstone Investment Co. 5.00% Notes Due 2026 Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, November 1st. Investors of record on Wednesday, October 15th will be paid a $0.3125 dividend. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a $1.25 annualized dividend and a yield of 5.0%.

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.