Short Interest in New Mountain Finance Corporation (NASDAQ:NMFC) Rises By 19.6%

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Short interest in New Mountain Finance Corporation (NASDAQ:NMFC) increased by 19.6% in March, reaching 2,328,255 shares, which represents about 2.6% of its outstanding shares. Despite this rise in short interest and several analyst downgrades, company insiders, including Director Steven B. Klinsky and COO Laura C. Holson Boswerger, made significant stock purchases during the same period, indicating confidence in the company. New Mountain Finance also declared a quarterly dividend of $0.32 per share, resulting in a 16.5% dividend yield.

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