Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) Sees Large Growth in Short Interest

Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 2,000 shares, a growth of 53.8% from the September 30th total of 1,300 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 5.0 days.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Stock Performance

HNNAZ stock remained flat at $24.48 during midday trading on Friday. 50 shares of the company’s stock were exchanged, compared to its average volume of 1,118. Hennessy Advisors, Inc. 4.875% Notes due 2026 has a 1 year low of $22.75 and a 1 year high of $24.99. The stock’s 50 day moving average price is $24.13 and its 200-day moving average price is $23.93.

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

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Sunday, September 15th were paid a dividend of $0.3047 per share. The ex-dividend date was Friday, September 13th. This represents a $1.22 dividend on an annualized basis and a yield of 4.98%.

Hennessy Advisors, Inc. 4.875% Notes due 2026 Company Profile

hennessy advisors, inc. is the publicly traded investment manager of the hennessy funds. the company serves clients with integrity, honesty and candor. hennessy advisors’ strength lies in their disciplined investment style and commitment to managing their mutual funds for the benefit of their shareholders.