New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZ – Get Free Report) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 27,040 shares, a growth of 989.0% from the June 15th total of 2,483 shares. Based on an average daily volume of 20,986 shares, the short-interest ratio is currently 1.3 days.
New Mountain Finance Co. 8.250% Notes due 2028 Trading Down 0.1%
Shares of NMFCZ traded down $0.03 during trading hours on Friday, hitting $25.48. 5,738 shares of the stock were exchanged, compared to its average volume of 12,140. New Mountain Finance Co. 8.250% Notes due 2028 has a fifty-two week low of $25.01 and a fifty-two week high of $25.77. The business has a 50-day moving average of $25.33 and a 200-day moving average of $25.35.
New Mountain Finance Co. 8.250% Notes due 2028 Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 31st will be given a $0.5156 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a $2.06 annualized dividend and a dividend yield of 8.1%.
New Mountain Finance Co 8.250% Notes due 2028 (NASDAQ: NMFCZ) are senior unsecured debt securities issued by New Mountain Finance Corporation, a closed-end business development company. These notes pay a fixed annual interest rate of 8.25%, with interest typically paid quarterly and a maturity date in 2028. The securities are listed on the NASDAQ Capital Market, offering investors a fixed-income instrument tied to the performance of the issuer’s diversified investment portfolio.
New Mountain Finance Corporation focuses on making debt and equity investments in middle-market companies across a range of sectors, including business services, healthcare, software, and specialty finance.
See Also
- Five stocks we like better than New Mountain Finance Co. 8.250% Notes due 2028
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
Receive News & Ratings for New Mountain Finance Co. 8.250% Notes due 2028 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Mountain Finance Co. 8.250% Notes due 2028 and related companies with MarketBeat.com's FREE daily email newsletter.
