Gladstone Investment Corp. (NASDAQ:GAIN) shares saw strong trading volume on Monday . 146,575 shares traded hands during trading, a decline of 6% from the previous session’s volume of 156,196 shares.The stock last traded at $7.55 and had previously closed at $7.51.

A number of equities analysts have recently weighed in on the company. Zacks Investment Research raised Gladstone Investment Corp. from a “sell” rating to a “hold” rating in a research report on Monday, July 11th. TheStreet raised Gladstone Investment Corp. from a “hold” rating to a “buy” rating in a research report on Friday, June 10th. Finally, Janney Montgomery Scott reaffirmed a “neutral” rating and set a $8.00 target price on shares of Gladstone Investment Corp. in a research report on Monday, May 2nd.

The company’s 50 day moving average price is $7.18 and its 200-day moving average price is $7.05.

Gladstone Investment Corp. (NASDAQ:GAIN) last announced its quarterly earnings results on Tuesday, May 17th. The investment management company reported $0.16 EPS for the quarter, missing the Zacks’ consensus estimate of $0.19 by $0.03. On average, analysts anticipate that Gladstone Investment Corp. will post $0.71 EPS for the current fiscal year.

The business also recently declared a monthly dividend, which will be paid on Friday, September 30th. Shareholders of record on Wednesday, September 21st will be paid a $0.0625 dividend. The ex-dividend date is Monday, September 19th. This represents a $0.75 dividend on an annualized basis and a yield of 9.89%.

A hedge fund recently raised its stake in Gladstone Investment Corp. stock. Morgan Stanley increased its position in Gladstone Investment Corp. (NASDAQ:GAIN) by 7.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 181,462 shares of the investment management company’s stock after buying an additional 12,784 shares during the period. Morgan Stanley’s holdings in Gladstone Investment Corp. were worth $1,393,000 at the end of the most recent quarter.

Gladstone Investment Corporation operates as a closed-end, non-diversified management investment company. The Company is a publicly traded business development company that pays monthly dividends to its stockholders and invests in small and medium sized private businesses, seeking to achieve returns from current income and capital gains through debt and equity investments.

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