WhiteHorse Finance, Inc. 7.875% Notes due 2028 (NASDAQ:WHFCL) Trading at $25.07

WhiteHorse Finance, Inc. 7.875% Notes due 2028 (NASDAQ:WHFCL)’s share price traded up 0% during trading on Wednesday. The company traded as high as $25.10 and last traded at $25.07. Approximately 2,210 shares traded hands during trading, a decline of 34% from the average daily volume of 3,358 shares. The stock had previously closed at $25.06.

WhiteHorse Finance, Inc. 7.875% Notes due 2028 Stock Down 0.0%

The firm has a 50 day simple moving average of $25.23 and a two-hundred day simple moving average of $25.30.

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

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a $0.4922 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $1.97 annualized dividend and a dividend yield of 7.9%.

WhiteHorse Finance, Inc is a business development company that provides financing to privately owned, middle-market companies. The company primarily invests in senior secured loans and other debt investments, while also making selected subordinated debt and equity investments. Its objective is to generate current income and, to a lesser extent, capital appreciation through a diversified portfolio of corporate investments.

WhiteHorse Finance generally works with companies across a range of industries and seeks investments that may be supported by established operations, experienced management teams, and recurring cash flows.