Apollo Investment Breaks Above 200-Day Moving Average - Bullish for AINV

In trading on Thursday, shares of Apollo Investment Corporation (AINV) crossed above their 200 day moving average of $8.37, changing hands as high as $8.50 per share. Apollo Investment Corporation shares are currently trading up about 1.8% on the day. The chart below shows the one year performance of AINV shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »

Apollo Investment Corporation 200 Day Moving Average Chart

Looking at the chart above, AINV's low point in its 52 week range is $7.28 per share, with $9.09 as the 52 week high point — that compares with a last trade of $8.35.

According to the ETF Finder at ETF Channel, AINV makes up 5.34% of the BDC Income ETF ( BIZD) which is trading up by about 0.9% on the day Thursday.

More from Stocks

What You Need to Know About Facebook and Europe's New Privacy Rules

What You Need to Know About Facebook and Europe's New Privacy Rules

8 Bold Moves General Motors Could Make to Rev Up Its Battered Stock Price

8 Bold Moves General Motors Could Make to Rev Up Its Battered Stock Price

Is Your Investment Portfolio Prepared for Trade Wars, Inflation and More Trump?

Is Your Investment Portfolio Prepared for Trade Wars, Inflation and More Trump?

GE Is Too Opaque, Too Diversified and Too Poorly Managed: Doug Kass Insider

GE Is Too Opaque, Too Diversified and Too Poorly Managed: Doug Kass Insider

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric