Gladstone Capital Corporation (NASDAQ: GLAD) closed with decline of -0.32% to $9.42. Recent traded volume was 60,674 shares versus to it an average volume of 117,030 shares. The company holds 26.63 million shares outstanding and market cap of 276.487M. The stock’s day range was recorded between a low of $9.39 and a high $9.45. The one year high of the company is $9.87 and the one year low is $6.41.

After the last closing session, the bid price was seen at 9.25 x 1100. The bid price represents the higher price that a buyer or buyers are willing to pay for a security.

Gladstone Capital Corporation (NASDAQ: GLAD) recently reported revenue for its 2nd fiscal quarter ended March 31, 2019.

Interest income declined by $0.6M, or 5.0%, primarily Because of a decrease in the weighted average yield on our interest-bearing investment portfolio quarter over quarter. Other income increased by $1.2M, or 540%, quarter over quarter Because of success and prepayment fees received from exited investments and dividend income received from other portfolio companies. Total expenses increased by 9.8% quarter over quarter, primarily Because of a raise in the net base management fee as reduced originations resulted in lower investment banking fees and associated base management fee credits.

Net Investment Income for the quarter ended March 31, 2019 was $6.0M, a raise of 0.5% as contrast to the previous quarter, or $0.21 per share.

The Net Increase in Net Assets Resulting from Operations for the quarter ended March 31, 2019 was $9.3M, or $0.33 per share, contrast to a net decrease of $3.7M, or $0.13 per share for the quarter ended December 31, 2018. The current quarter increase was driven by a broad based improvement in portfolio performance and unrealized portfolio appreciation, as well as the $2.1M realized gain on the exit of United Flexible, partially offset by $4.4M of net unrealized depreciation associated with the restructure of a single portfolio investment.