Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) Short Interest Down 18.9% in January

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 3,940 shares, a drop of 18.9% from the December 31st total of 4,861 shares. Based on an average daily volume of 7,288 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 7,288 shares, the short-interest ratio is currently 0.5 days.

Gladstone Investment Co. 4.875% Notes due 2028 Stock Up 0.1%

Shares of GAINZ traded up $0.01 during trading hours on Wednesday, reaching $23.97. 681 shares of the stock traded hands, compared to its average volume of 6,599. The company’s 50-day moving average price is $23.94 and its two-hundred day moving average price is $23.82. Gladstone Investment Co. 4.875% Notes due 2028 has a 52-week low of $22.21 and a 52-week high of $24.25.

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.