Short Interest in Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) Expands By 75.7%

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 2,848 shares, a growth of 75.7% from the January 29th total of 1,621 shares. Based on an average trading volume of 5,299 shares, the short-interest ratio is currently 0.5 days. Based on an average trading 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 GAINZ stock opened at $24.10 on Monday. The company’s fifty day simple moving average is $24.02 and its two-hundred day simple moving average is $23.90. 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.