WhiteHorse Finance, Inc. 7.875% Notes due 2028 (NASDAQ:WHFCL) Sees Large Drop in Short Interest

WhiteHorse Finance, Inc. 7.875% Notes due 2028 (NASDAQ:WHFCL) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 1,500 shares, a drop of 21.1% from the November 15th total of 1,900 shares. Based on an average daily trading volume, of 2,600 shares, the days-to-cover ratio is currently 0.6 days.

WhiteHorse Finance, Inc. 7.875% Notes due 2028 Stock Performance

Shares of WhiteHorse Finance, Inc. 7.875% Notes due 2028 stock opened at $25.18 on Friday. The company’s fifty day simple moving average is $25.47 and its 200-day simple moving average is $25.36. WhiteHorse Finance, Inc. 7.875% Notes due 2028 has a 1 year low of $24.90 and a 1 year high of $25.73.

WhiteHorse Finance, Inc. 7.875% Notes due 2028 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Sunday, December 1st will be issued a dividend of $0.4922 per share. This represents a $1.97 annualized dividend and a dividend yield of 7.82%. The ex-dividend date of this dividend is Friday, November 29th.