Short Interest in WhiteHorse Finance, Inc. 7.875% Notes due 2028 (NASDAQ:WHFCL) Declines By 88.4%

WhiteHorse Finance, Inc. 7.875% Notes due 2028 (NASDAQ:WHFCL) saw a large decrease in short interest in March. As of March 31st, there was short interest totaling 33 shares, a decrease of 88.4% from the March 15th total of 284 shares. Based on an average trading volume of 2,790 shares, the days-to-cover ratio is currently 0.0 days.

WhiteHorse Finance, Inc. 7.875% Notes due 2028 Trading Down 0.1%

WHFCL opened at $25.24 on Friday. The stock has a 50-day moving average of $25.28 and a 200-day moving average of $25.27. WhiteHorse Finance, Inc. 7.875% Notes due 2028 has a 52-week low of $24.99 and a 52-week high of $25.60.

WhiteHorse Finance, Inc. 7.875% Notes due 2028 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Sunday, March 1st were paid a dividend of $0.4922 per share. This represents a $1.97 annualized dividend and a dividend yield of 7.8%. The ex-dividend date was Friday, February 27th.

WhiteHorse Finance, Inc 7.875% Notes due 2028 (NASDAQ: WHFCL) are senior unsecured obligations of WhiteHorse Finance, Inc, an externally managed business development company (BDC). These notes carry a fixed interest rate of 7.875% per annum and mature in 2028. They were issued to provide the company with long-term capital to support its lending activities and general corporate purposes, ranking equally with all other unsecured and unsubordinated debt of the issuer.

WhiteHorse Finance, Inc operates as a closed-end BDC, investing primarily in first-lien secured loans, unitranche and second-lien debt instruments, as well as select equity co-investments in U.S.