Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) Shares Up 0.3% – Should You Buy?

Hennessy Advisors, Inc. 4.875% Notes due 2026 (NASDAQ:HNNAZ) rose 0.3% on Monday . The stock traded as high as $25.01 and last traded at $25.08. Approximately 3,081 shares traded hands during trading, an increase of 236% from the average daily volume of 918 shares. The stock had previously closed at $25.00.

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

The business has a 50-day simple moving average of $24.97 and a 200-day simple moving average of $24.88.

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

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were issued a $0.3047 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $1.22 annualized dividend and a yield of 4.9%.

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

Hennessy Advisors, Inc is a publicly traded investment management firm specializing in the development and administration of mutual funds, closed-end funds and separately managed accounts. Headquartered in St. Louis, Missouri, the company provides a range of portfolio management services aimed at income and total-return strategies for retail and institutional investors across the United States.

The firm’s core offerings include equity income, growth, and balanced strategies, delivered through a family of open-end and closed-end investment vehicles.