Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) Short Interest Update

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) was the target of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 2,848 shares, an increase of 75.7% from the January 29th total of 1,621 shares. Based on an average daily volume of 5,299 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 5,299 shares, the short-interest ratio is currently 0.5 days.

Gladstone Investment Co. 4.875% Notes due 2028 Trading Down 0.2%

Shares of Gladstone Investment Co. 4.875% Notes due 2028 stock traded down $0.04 during trading hours on Friday, reaching $24.10. 3,374 shares of the stock traded hands, compared to its average volume of 6,181. Gladstone Investment Co. 4.875% Notes due 2028 has a one year low of $22.21 and a one year high of $24.25. The company has a 50 day moving average price of $24.02 and a 200 day moving average price of $23.89.

Gladstone Investment Co. 4.875% Notes due 2028 Company Profile

Gladstone Investment Co 4.875% Notes due 2028 (NASDAQ:GAINZ) are senior unsecured debt securities issued by Gladstone Investment Corporation, a business development company that provides capital to small and mid-sized private U.S. businesses. The notes pay a fixed annual interest rate of 4.875% and mature in 2028, offering investors a defined income stream while supporting the company’s lending and equity investment activities.

Proceeds from the issuance of GAINZ notes are used to finance Gladstone Investment Corporation’s core investment strategy, which includes first-lien debt, subordinated debt and equity investments in privately held companies.