Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) Stock Price Up 0.6% – Here’s What Happened

Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) traded up 0.6% during trading on Thursday . The stock traded as high as $24.85 and last traded at $24.96. 2,179 shares changed hands during mid-day trading, an increase of 56% from the average session volume of 1,397 shares. The stock had previously closed at $24.82.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Trading Up 0.6%

The company’s fifty day simple moving average is $24.92 and its 200-day simple moving average is $24.82.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be issued a $0.3047 dividend. This represents a $1.22 annualized dividend and a yield of 4.9%. The ex-dividend date is Monday, December 15th.

About Hennessy Advisors, Inc. 4.875% Notes due 2026

Hennessy Advisors, Inc is a publicly traded investment management firm specializing in the development and administration of mutual funds, closed-end funds and separately managed accounts. Headquartered in St. Louis, Missouri, the company provides a range of portfolio management services aimed at income and total-return strategies for retail and institutional investors across the United States.

The firm’s core offerings include equity income, growth, and balanced strategies, delivered through a family of open-end and closed-end investment vehicles.