Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Short Interest Down 43.8% in February

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 2,700 shares, a drop of 43.8% from the February 13th total of 4,800 shares. Based on an average trading volume of 17,700 shares, the days-to-cover ratio is currently 0.2 days.

Gladstone Investment Co. 5.00% Notes Due 2026 Stock Performance

NASDAQ:GAINN opened at $24.90 on Friday. Gladstone Investment Co. 5.00% Notes Due 2026 has a 52 week low of $23.80 and a 52 week high of $25.28. The company has a fifty day simple moving average of $24.71 and a two-hundred day simple moving average of $24.65.

Gladstone Investment Co. 5.00% Notes Due 2026 Announces Dividend

The firm also recently disclosed 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 was Wednesday, January 15th. This represents a $1.25 dividend on an annualized basis and a yield of 5.02%.

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.