Gladstone Capital Co. 7.75% Notes due 2028 (NASDAQ:GLADZ) Sees Large Increase in Short Interest

Gladstone Capital Co. 7.75% Notes due 2028 (NASDAQ:GLADZGet Free Report) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 7,100 shares, a growth of 121.9% from the February 28th total of 3,200 shares. Based on an average trading volume of 5,700 shares, the short-interest ratio is presently 1.2 days.

Gladstone Capital Co. 7.75% Notes due 2028 Stock Performance

Shares of NASDAQ GLADZ traded down $0.07 during mid-day trading on Friday, reaching $25.60. 384 shares of the company’s stock were exchanged, compared to its average volume of 5,234. The company’s 50-day moving average is $25.55 and its 200-day moving average is $25.48. Gladstone Capital Co. 7.75% Notes due 2028 has a 52-week low of $25.00 and a 52-week high of $25.98.

Gladstone Capital Co. 7.75% Notes due 2028 Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were given a dividend of $0.4844 per share. This represents a $1.94 dividend on an annualized basis and a dividend yield of 7.57%. The ex-dividend date was Friday, February 14th.

About Gladstone Capital Co. 7.75% Notes due 2028

(Get Free Report)

leaders in private equity, debt and real estate ownership and financing, the gladstone companies are a family of public investment funds. our funds as applicable, invest in commercial real estate, farmland, and small and medium-sized companies and provide financing to such businesses across the capital structure, from second lien and mezzanine debt, to equity and real estate financing solutions.

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