Gladstone Investment Co. 8.00% Notes due 2028 (NASDAQ:GAINL) Short Interest Update

Gladstone Investment Co. 8.00% Notes due 2028 (NASDAQ:GAINL) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totalling 23,000 shares, an increase of 5.5% from the August 15th total of 21,800 shares. Based on an average daily volume of 3,700 shares, the short-interest ratio is presently 6.2 days.

Gladstone Investment Co. 8.00% Notes due 2028 Trading Down 0.7 %

GAINL stock traded down $0.18 during trading hours on Thursday, hitting $26.30. 1,840 shares of the stock traded hands, compared to its average volume of 7,765. The stock has a 50-day simple moving average of $25.82 and a 200 day simple moving average of $25.72. Gladstone Investment Co. 8.00% Notes due 2028 has a one year low of $24.70 and a one year high of $27.13.

Gladstone Investment Co. 8.00% Notes due 2028 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 1st. Investors of record on Monday, July 15th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 7.60%. The ex-dividend date of this dividend was Monday, July 15th.

About Gladstone Investment Co. 8.00% Notes due 2028

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.