Short Interest in Gladstone Capital Co. 7.75% Notes due 2028 (NASDAQ:GLADZ) Declines By 15.8%

Gladstone Capital Co. 7.75% Notes due 2028 (NASDAQ:GLADZ) was the target of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 3,200 shares, a drop of 15.8% from the February 13th total of 3,800 shares. Based on an average daily volume of 5,300 shares, the days-to-cover ratio is presently 0.6 days.

Gladstone Capital Co. 7.75% Notes due 2028 Stock Up 0.1 %

Shares of NASDAQ:GLADZ traded up $0.03 on Wednesday, hitting $25.74. 12,143 shares of the company’s stock were exchanged, compared to its average volume of 5,294. 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 business’s 50 day simple moving average is $25.53 and its two-hundred day simple moving average is $25.47.

Gladstone Capital Co. 7.75% Notes due 2028 Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 17th were issued a $0.4844 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.94 annualized dividend and a dividend yield of 7.53%.

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.