Short Interest in Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) Decreases By 64.4%

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) saw a large decrease in short interest in June. As of June 30th, there was short interest totalling 3,200 shares, a decrease of 64.4% from the June 15th total of 9,000 shares. Based on an average daily trading volume, of 2,600 shares, the days-to-cover ratio is presently 1.2 days.

Gladstone Investment Co. 4.875% Notes due 2028 Trading Up 0.7 %

Shares of GAINZ traded up $0.15 during midday trading on Thursday, hitting $23.00. 897 shares of the company traded hands, compared to its average volume of 3,717. Gladstone Investment Co. 4.875% Notes due 2028 has a one year low of $21.38 and a one year high of $24.76. The stock has a 50-day moving average of $22.92 and a 200-day moving average of $22.92.

Gladstone Investment Co. 4.875% Notes due 2028 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 1st. Investors of record on Monday, July 15th will be given a $0.3047 dividend. The ex-dividend date of this dividend is Monday, July 15th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 5.30%.

About Gladstone Investment Co. 4.875% Notes due 2028

gladstone investment corporation (nasdaq: gain), a business development company (“bdc”), is a private equity fund focused on acquiring mature, lower middle market companies with attractive fundamentals and strong management teams. as a publicly-traded bdc, gain provides both equity and debt capital, which greatly increases certainty and speed of closing as well as provides gain’s shareholders with both current yield in the form of monthly dividends and potential capital gains upside.