New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZ) Sees Significant Decline in Short Interest

New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZGet Free Report) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totalling 4,900 shares, a drop of 24.6% from the July 15th total of 6,500 shares. Based on an average daily trading volume, of 23,100 shares, the days-to-cover ratio is currently 0.2 days.

New Mountain Finance Co. 8.250% Notes due 2028 Stock Performance

New Mountain Finance Co. 8.250% Notes due 2028 stock traded up $0.03 during midday trading on Wednesday, reaching $25.30. The stock had a trading volume of 15,255 shares, compared to its average volume of 21,084. The company has a fifty day moving average price of $25.51 and a two-hundred day moving average price of $25.62. New Mountain Finance Co. 8.250% Notes due 2028 has a 12 month low of $24.95 and a 12 month high of $26.74.

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