Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ – Get Free Report) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totaling 1,023 shares, a decrease of 84.3% from the November 30th total of 6,529 shares. Based on an average daily volume of 3,627 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 3,627 shares, the days-to-cover ratio is currently 0.3 days.
Gladstone Investment Co. 4.875% Notes due 2028 Trading Down 0.3%
Shares of GAINZ traded down $0.08 during trading hours on Wednesday, reaching $23.96. 181 shares of the company traded hands, compared to its average volume of 4,592. The company’s fifty day moving average price is $23.86 and its two-hundred day moving average price is $23.66. Gladstone Investment Co. 4.875% Notes due 2028 has a 12 month low of $22.21 and a 12 month high of $24.09.
Gladstone Investment Co. 4.875% Notes due 2028 Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Saturday, November 1st. Shareholders of record on Wednesday, October 15th were given a dividend of $0.3047 per share. This represents a $1.22 annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend was Wednesday, October 15th.
About Gladstone Investment Co. 4.875% Notes due 2028
Gladstone Investment Co 4.875% Notes due 2028 (NASDAQ:GAINZ) are senior unsecured debt securities issued by Gladstone Investment Corporation, a business development company that provides capital to small and mid-sized private U.S. businesses. The notes pay a fixed annual interest rate of 4.875% and mature in 2028, offering investors a defined income stream while supporting the company’s lending and equity investment activities.
Proceeds from the issuance of GAINZ notes are used to finance Gladstone Investment Corporation’s core investment strategy, which includes first-lien debt, subordinated debt and equity investments in privately held companies.
Featured Stories
- Five stocks we like better than Gladstone Investment Co. 4.875% Notes due 2028
- How Long Will $1M Last in Retirement?
- Do not delete, read immediately
- A month before the crash
- The boring AI play that could pay up to $4,290 monthly
- The Best $1 You’ll Spend This Holiday Season
Receive News & Ratings for Gladstone Investment Co. 4.875% Notes due 2028 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gladstone Investment Co. 4.875% Notes due 2028 and related companies with MarketBeat.com's FREE daily email newsletter.
