Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) Shares Up 0.1% – Still a Buy?

Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ)’s share price was up 0.1% on Tuesday . The company traded as high as $25.12 and last traded at $25.1550. Approximately 131 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 973 shares. The stock had previously closed at $25.12.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Stock Performance

The firm has a 50 day moving average of $25.02 and a two-hundred day moving average of $24.93.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were paid a $0.3047 dividend. This represents a $1.22 annualized dividend and a yield of 4.8%. The ex-dividend date was Monday, December 15th.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Company Profile

Hennessy Advisors, Inc is a publicly traded investment management firm specializing in the development and administration of mutual funds, closed-end funds and separately managed accounts. Headquartered in St. Louis, Missouri, the company provides a range of portfolio management services aimed at income and total-return strategies for retail and institutional investors across the United States.

The firm’s core offerings include equity income, growth, and balanced strategies, delivered through a family of open-end and closed-end investment vehicles.