WhiteHorse Finance, Inc. 7.875% Notes due 2028 (NASDAQ:WHFCL) Short Interest Update

WhiteHorse Finance, Inc. 7.875% Notes due 2028 (NASDAQ:WHFCL) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 1,599 shares, a drop of 36.5% from the August 31st total of 2,517 shares. Based on an average daily trading volume, of 5,961 shares, the short-interest ratio is presently 0.3 days.

WhiteHorse Finance, Inc. 7.875% Notes due 2028 Trading Up 0.0%

Shares of WHFCL opened at $25.07 on Thursday. WhiteHorse Finance, Inc. 7.875% Notes due 2028 has a 12-month low of $24.97 and a 12-month high of $25.65. The business’s fifty day moving average is $25.24 and its 200 day moving average is $25.30.

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

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were issued a dividend of $0.4922 per share. The ex-dividend date was Tuesday, September 1st. This represents a $1.97 annualized dividend and a 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.