Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Short Interest Down 32.7% in January

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) was the recipient of a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 579 shares, a drop of 32.7% from the December 31st total of 860 shares. Based on an average daily volume of 4,547 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 4,547 shares, the days-to-cover ratio is currently 0.1 days.

Gladstone Investment Co. 5.00% Notes Due 2026 Stock Up 0.1%

NASDAQ GAINN traded up $0.02 during trading hours on Friday, hitting $24.98. The company had a trading volume of 1,096 shares, compared to its average volume of 3,520. Gladstone Investment Co. 5.00% Notes Due 2026 has a 52 week low of $24.55 and a 52 week high of $25.46. The firm has a 50 day simple moving average of $25.07 and a 200 day simple moving average of $25.06.

About Gladstone Investment Co. 5.00% Notes Due 2026

Issued by Gladstone Investment Corporation, the Gladstone Investment Co 5.00% Notes due 2026 (NASDAQ: GAINN) are senior unsecured debt securities maturing on March 1, 2026. These notes carry a fixed interest rate of 5.00% per annum, with interest payable quarterly. They rank equally with all existing and future senior unsecured indebtedness of the company and are governed by a standard indenture.

Gladstone Investment Corporation is a closed-end business development company (BDC) that provides debt and equity financing to lower middle-market businesses across the United States.