Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) Shares Shorted: Short Interest Up 389.4% in September

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) saw a large growth in short interest in the month of 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 Up 0.2%

GAINZ stock traded up $0.06 during midday trading on Monday, hitting $24.30. The stock had a trading volume of 803 shares, compared to its average volume of 8,852. Gladstone Investment Co. 4.875% Notes due 2028 has a 52 week low of $23.58 and a 52 week high of $24.50. The stock has a 50-day simple moving average of $24.22 and a 200 day simple moving average of $24.09.

Gladstone Investment Co. 4.875% Notes due 2028 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, November 1st. Stockholders of record on Thursday, October 15th will be paid a $0.3047 dividend. The ex-dividend date is Thursday, October 15th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 5.0%.

About Gladstone Investment Co. 4.875% Notes due 2028

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.