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:

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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.

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