Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) Short Interest Down 58.9% in January

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) saw a significant decrease in short interest in January. As of January 30th, there was short interest totaling 1,621 shares, a decrease of 58.9% from the January 15th total of 3,940 shares. Based on an average daily volume of 6,170 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 6,170 shares, the days-to-cover ratio is presently 0.3 days.

Gladstone Investment Co. 4.875% Notes due 2028 Trading Up 0.1%

NASDAQ GAINZ traded up $0.03 on Thursday, reaching $24.08. 2,365 shares of the stock traded hands, compared to its average volume of 6,426. Gladstone Investment Co. 4.875% Notes due 2028 has a 12 month low of $22.21 and a 12 month high of $24.25. The company has a fifty day moving average price of $23.97 and a 200-day moving average price of $23.84.

Gladstone Investment Co. 4.875% Notes due 2028 Company Profile

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.