New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZ) Short Interest Update

New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZ) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 1,482 shares, a growth of 89.0% from the May 14th total of 784 shares. Based on an average trading volume of 9,622 shares, the short-interest ratio is presently 0.2 days.

New Mountain Finance Co. 8.250% Notes due 2028 Price Performance

Shares of NMFCZ stock remained flat at $25.36 on Monday. 1,928 shares of the stock traded hands, compared to its average volume of 11,103. New Mountain Finance Co. 8.250% Notes due 2028 has a one year low of $25.01 and a one year high of $25.82. The company has a fifty day simple moving average of $25.37 and a two-hundred day simple moving average of $25.34.

New Mountain Finance Co. 8.250% Notes due 2028 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were issued a $0.5156 dividend. The ex-dividend date of this dividend was Friday, May 1st. 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.