Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Short Interest Up 469.5% in February

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) was the recipient of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 1,549 shares, an increase of 469.5% from the February 12th total of 272 shares. Based on an average daily volume of 3,910 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 3,910 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Gladstone Investment Co. 5.00% Notes Due 2026

An institutional investor recently bought a new position in Gladstone Investment Co. 5.00% Notes Due 2026 stock. Karpus Management Inc. acquired a new position in shares of Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 537,845 shares of the company’s stock, valued at approximately $13,527,000. Gladstone Investment Co. 5.00% Notes Due 2026 makes up approximately 2.8% of Karpus Management Inc.’s investment portfolio, making the stock its 12th biggest position.

Gladstone Investment Co. 5.00% Notes Due 2026 Trading Up 0.1%

GAINN traded up $0.03 on Tuesday, hitting $25.09. 551 shares of the company were exchanged, compared to its average volume of 3,296. Gladstone Investment Co. 5.00% Notes Due 2026 has a twelve month low of $24.57 and a twelve month high of $25.46. The firm has a 50-day moving average price of $25.06 and a two-hundred day moving average price of $25.07.

About Gladstone Investment Co. 5.00% Notes Due 2026

Issued by Gladstone Investment Corporation, the Gladstone Investment Co 5.00% Notes due 2026 (NASDAQ: GAINN) are senior unsecured debt securities maturing on March 1, 2026. These notes carry a fixed interest rate of 5.00% per annum, with interest payable quarterly. They rank equally with all existing and future senior unsecured indebtedness of the company and are governed by a standard indenture.

Gladstone Investment Corporation is a closed-end business development company (BDC) that provides debt and equity financing to lower middle-market businesses across the United States.