PNNT Crosses Above Key Moving Average Level

In trading on Thursday, shares of Pennantpark Investment Corporation (PNNT) crossed above their 200 day moving average of $11.37, changing hands as high as $11.40 per share. Pennantpark Investment Corporation shares are currently trading up about 0.8% 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 $11.28.

According to the ETF Finder at ETF Channel, PNNT makes up 4.12% of the BDC Income ETF ( BIZD) which is trading up by about 1.6% on the day Thursday.

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