WhiteHorse Finance, Inc. 7.875% Notes due 2028 (NASDAQ:WHFCL) Sees Significant Growth in Short Interest

WhiteHorse Finance, Inc. 7.875% Notes due 2028 (NASDAQ:WHFCL) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 3,800 shares, a growth of 52.0% from the February 28th total of 2,500 shares. Based on an average daily trading volume, of 2,400 shares, the days-to-cover ratio is currently 1.6 days.

WhiteHorse Finance, Inc. 7.875% Notes due 2028 Stock Down 0.4 %

NASDAQ WHFCL opened at $25.22 on Tuesday. WhiteHorse Finance, Inc. 7.875% Notes due 2028 has a 12 month low of $25.00 and a 12 month high of $25.73. The company has a 50-day moving average of $25.36 and a 200-day moving average of $25.40.

WhiteHorse Finance, Inc. 7.875% Notes due 2028 Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Saturday, March 1st were given a dividend of $0.4922 per share. This represents a $1.97 annualized dividend and a yield of 7.81%. The ex-dividend date of this dividend was Friday, February 28th.