Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Short Interest Update

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 579 shares, a drop of 32.7% from the December 31st total of 860 shares. Based on an average daily volume of 4,547 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 4,547 shares, the short-interest ratio is currently 0.1 days.

Gladstone Investment Co. 5.00% Notes Due 2026 Trading Up 0.1%

Shares of NASDAQ:GAINN traded up $0.02 during trading on Friday, reaching $24.98. 1,096 shares of the stock were exchanged, compared to its average volume of 3,520. Gladstone Investment Co. 5.00% Notes Due 2026 has a 12 month low of $24.55 and a 12 month high of $25.46. The stock has a 50-day moving average price of $25.07 and a 200-day moving average price of $25.06.

Gladstone Investment Co. 5.00% Notes Due 2026 Company Profile

Issued by Gladstone Investment Corporation, the Gladstone Investment Co 5.00% Notes due 2026 (NASDAQ: GAINN) are senior unsecured debt securities maturing on March 1, 2026. These notes carry a fixed interest rate of 5.00% per annum, with interest payable quarterly. They rank equally with all existing and future senior unsecured indebtedness of the company and are governed by a standard indenture.

Gladstone Investment Corporation is a closed-end business development company (BDC) that provides debt and equity financing to lower middle-market businesses across the United States.