Gladstone Capital Co. 7.75% Notes due 2028 (NASDAQ:GLADZ) Short Interest Up 121.9% in March

Gladstone Capital Co. 7.75% Notes due 2028 (NASDAQ:GLADZ) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 7,100 shares, an increase of 121.9% from the February 28th total of 3,200 shares. Based on an average daily trading volume, of 5,700 shares, the days-to-cover ratio is currently 1.2 days.

Gladstone Capital Co. 7.75% Notes due 2028 Price Performance

Shares of GLADZ traded down $0.07 during trading hours on Friday, reaching $25.60. The stock had a trading volume of 384 shares, compared to its average volume of 5,242. Gladstone Capital Co. 7.75% Notes due 2028 has a 12 month low of $25.00 and a 12 month high of $25.98. The firm has a 50-day simple moving average of $25.55 and a 200 day simple moving average of $25.48.

Gladstone Capital Co. 7.75% Notes due 2028 Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were paid a $0.4844 dividend. This represents a $1.94 dividend on an annualized basis and a dividend yield of 7.57%. The ex-dividend date of this dividend was Friday, February 14th.

About Gladstone Capital Co. 7.75% Notes due 2028

leaders in private equity, debt and real estate ownership and financing, the gladstone companies are a family of public investment funds. our funds as applicable, invest in commercial real estate, farmland, and small and medium-sized companies and provide financing to such businesses across the capital structure, from second lien and mezzanine debt, to equity and real estate financing solutions.