New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZ) Short Interest Up 143.8% in February

New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZGet Free Report) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 7,800 shares, an increase of 143.8% from the January 31st total of 3,200 shares. Based on an average daily trading volume, of 7,200 shares, the days-to-cover ratio is presently 1.1 days.

New Mountain Finance Co. 8.250% Notes due 2028 Stock Down 0.6 %

New Mountain Finance Co. 8.250% Notes due 2028 stock traded down $0.16 during trading hours on Friday, hitting $25.39. The company had a trading volume of 56,104 shares, compared to its average volume of 8,313. The firm has a 50-day moving average of $25.60 and a 200 day moving average of $25.61. New Mountain Finance Co. 8.250% Notes due 2028 has a one year low of $24.95 and a one year high of $26.20.

New Mountain Finance Co. 8.250% Notes due 2028 Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 31st were paid a dividend of $0.5156 per share. The ex-dividend date was Friday, January 31st. This represents a $2.06 dividend on an annualized basis and a yield of 8.12%.

Recommended Stories

Receive News & Ratings for New Mountain Finance Co. 8.250% Notes due 2028 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Mountain Finance Co. 8.250% Notes due 2028 and related companies with MarketBeat.com's FREE daily email newsletter.