Notable Two Hundred Day Moving Average Cross - PNNT

In trading on Tuesday, shares of Pennantpark Investment Corporation (PNNT) crossed below their 200 day moving average of $11.35, changing hands as low as $11.34 per share. Pennantpark Investment Corporation shares are currently trading off about 1% on the day. The chart below shows the one year performance of PNNT shares, versus its 200 day moving average:

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Pennantpark Investment Corporation 200 Day Moving Average Chart

Looking at the chart above, PNNT's low point in its 52 week range is $10.32 per share, with $12.24 as the 52 week high point — that compares with a last trade of $11.36.

According to the ETF Finder at ETF Channel, PNNT makes up 4.20% of the BDC Income ETF ( BIZD) which is trading lower by about 0.1% on the day Tuesday.

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