Short Interest in Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Increases By 30.0%

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) saw a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 3,900 shares, a growth of 30.0% from the October 31st total of 3,000 shares. Based on an average trading volume of 5,000 shares, the short-interest ratio is presently 0.8 days.

Gladstone Investment Co. 5.00% Notes Due 2026 Stock Performance

Gladstone Investment Co. 5.00% Notes Due 2026 stock traded down $0.04 during trading hours on Monday, reaching $24.62. 945 shares of the company’s stock traded hands, compared to its average volume of 4,393. The firm’s 50 day moving average is $24.61 and its 200-day moving average is $24.42. Gladstone Investment Co. 5.00% Notes Due 2026 has a fifty-two week low of $23.41 and a fifty-two week high of $25.28.

Gladstone Investment Co. 5.00% Notes Due 2026 Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Saturday, February 1st. Investors of record on Wednesday, January 15th will be paid a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a yield of 5.08%. The ex-dividend date is Wednesday, January 15th.

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.