Is Apollo Investment Corp. (AINV) Stock About to Get Hot Wednesday?

Wednesday, August 03, 2022 12:56 PM | InvestorsObserver Analysts

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Is Apollo Investment Corp. (AINV) Stock About to Get Hot Wednesday?

Overall market sentiment has been high on Apollo Investment Corp. (AINV) stock lately. AINV receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Apollo Investment Corp. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AINV!

See Full AINV Report

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With AINV Stock Today?

Apollo Investment Corp. (AINV) stock is trading at $13.07 as of 12:40 PM on Wednesday, Aug 3, a rise of $0.72, or 5.83% from the previous closing price of $12.35. The stock has traded between $12.52 and $13.12 so far today. Volume today is elevated. So far 348,617 shares have traded compared to average volume of 213,810 shares. To see InvestorsObserver's Sentiment Score for Apollo Investment Corp. click here.

More About Apollo Investment Corp.

Apollo Investment Corp is a us-based closed-end non-diversified management investment company. The company's investment objective is to generate current income and capital appreciation. It mainly invests in various forms of debt investments such as secured and unsecured debt, loan investments and equity in private middle-market companies as well as public companies and in structured products. The company's portfolio includes secured and unsecured debt of private middle-market companies and equity interests such as common stock, preferred stock, warrants or options. It generates its revenue in the form of interest and dividend income from the securities and capital gains on investment securities in portfolio companies. Click Here to get the full Stock Report for Apollo Investment Corp. stock.