Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ – Get Free Report) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 2,408 shares, a growth of 389.4% from the September 15th total of 492 shares. Based on an average trading volume of 6,328 shares, the days-to-cover ratio is currently 0.4 days.
Gladstone Investment Co. 4.875% Notes due 2028 Stock Performance
Gladstone Investment Co. 4.875% Notes due 2028 stock traded up $0.04 during mid-day trading on Friday, reaching $24.29. The stock had a trading volume of 803 shares, compared to its average volume of 8,852. The company has a 50-day moving average price of $24.22 and a two-hundred day moving average price of $24.09. Gladstone Investment Co. 4.875% Notes due 2028 has a one year low of $23.58 and a one year high of $24.50.
Gladstone Investment Co. 4.875% Notes due 2028 Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Sunday, November 1st. Shareholders of record on Thursday, October 15th will be issued a $0.3047 dividend. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $1.22 annualized dividend and a yield of 5.0%.
Gladstone Investment Co. 4.875% Notes due 2028 Company Profile
Gladstone Investment Corporation is a publicly traded business development company that provides financing and makes equity investments in established lower-middle-market companies in the United States. The company focuses on businesses with stable operations and experienced management teams, seeking to support their growth, acquisitions, recapitalizations and ownership transitions.
Gladstone Investment generally invests through a combination of debt and equity securities. Its debt investments may include senior secured loans and other structured financing, while its equity investments may involve controlling interests in portfolio companies.
See Also
- Five stocks we like better than Gladstone Investment Co. 4.875% Notes due 2028
- 3 Stocks Chopped in Half: Why These Drops May Be Structural, Not a Dip
- Home Depot and Lowe’s Hit 52-Week Lows—But Analysts Aren’t Giving Up
- Utilities Are Bouncing Back—These 2 Giants Could Signal the Next Big Sector Rally
- Q3 Earnings Could Blow Past Consensus—Be Ready for What Comes Next
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.
