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

WhiteHorse Finance, Inc. 7.875% Notes due 2028 (NASDAQ:WHFCL) saw a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 2,500 shares, a decrease of 28.6% from the February 13th total of 3,500 shares. Based on an average daily volume of 2,700 shares, the short-interest ratio is currently 0.9 days.

WhiteHorse Finance, Inc. 7.875% Notes due 2028 Trading Up 0.4 %

Shares of WhiteHorse Finance, Inc. 7.875% Notes due 2028 stock opened at $25.34 on Tuesday. WhiteHorse Finance, Inc. 7.875% Notes due 2028 has a 52 week low of $25.00 and a 52 week high of $25.73. The firm’s 50 day moving average is $25.37 and its two-hundred day moving average is $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. Shareholders of record on Saturday, March 1st were paid a $0.4922 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.97 annualized dividend and a yield of 7.77%.