New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZ) Short Interest Update

New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZ) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 2,436 shares, an increase of 130.0% from the August 15th total of 1,059 shares. Based on an average daily trading volume, of 7,495 shares, the short-interest ratio is currently 0.3 days.

New Mountain Finance Co. 8.250% Notes due 2028 Stock Performance

NASDAQ:NMFCZ opened at $25.38 on Wednesday. New Mountain Finance Co. 8.250% Notes due 2028 has a 52 week low of $25.00 and a 52 week high of $25.68. The company has a fifty day simple moving average of $25.31 and a two-hundred day simple moving average of $25.33.

New Mountain Finance Co. 8.250% Notes due 2028 Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 31st were issued a dividend of $0.5156 per share. The ex-dividend date of this dividend was Friday, July 31st. This represents a $2.06 dividend on an annualized basis and a yield of 8.1%.

New Mountain Finance Co 8.250% Notes due 2028 (NASDAQ: NMFCZ) are senior unsecured debt securities issued by New Mountain Finance Corporation, a closed-end business development company. These notes pay a fixed annual interest rate of 8.25%, with interest typically paid quarterly and a maturity date in 2028. The securities are listed on the NASDAQ Capital Market, offering investors a fixed-income instrument tied to the performance of the issuer’s diversified investment portfolio.

New Mountain Finance Corporation focuses on making debt and equity investments in middle-market companies across a range of sectors, including business services, healthcare, software, and specialty finance.