Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Short Interest Up 65.5% in February

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) was the recipient of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 4,800 shares, a growth of 65.5% from the January 31st total of 2,900 shares. Based on an average trading volume of 17,200 shares, the short-interest ratio is presently 0.3 days.

Gladstone Investment Co. 5.00% Notes Due 2026 Stock Down 0.5 %

Shares of GAINN stock traded down $0.12 during trading hours on Friday, reaching $24.60. The company had a trading volume of 44,074 shares, compared to its average volume of 13,252. The business has a fifty day simple moving average of $24.68 and a 200-day simple moving average of $24.62. Gladstone Investment Co. 5.00% Notes Due 2026 has a 12 month low of $23.75 and a 12 month high of $25.28.

Gladstone Investment Co. 5.00% Notes Due 2026 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Saturday, February 1st. Shareholders of record on Wednesday, January 15th were paid a $0.3125 dividend. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $1.25 annualized dividend and a dividend yield of 5.08%.

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.