Short Interest in Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Declines By 33.3%

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 1,800 shares, a decrease of 33.3% from the February 28th total of 2,700 shares. Based on an average trading volume of 9,800 shares, the short-interest ratio is presently 0.2 days.

Gladstone Investment Co. 5.00% Notes Due 2026 Price Performance

NASDAQ GAINN traded down $0.02 on Friday, hitting $24.98. 11,260 shares of the company were exchanged, compared to its average volume of 7,695. Gladstone Investment Co. 5.00% Notes Due 2026 has a twelve month low of $23.80 and a twelve month high of $25.28. The company’s 50 day moving average price is $24.77 and its 200-day moving average price is $24.69.

Gladstone Investment Co. 5.00% Notes Due 2026 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be issued a dividend of $0.3125 per share. The ex-dividend date is Tuesday, April 15th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.00%.

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.