Great Elm Capital Corp. 8.75% Notes due 2028 (NASDAQ:GECCZ) Short Interest Update

Great Elm Capital Corp. 8.75% Notes due 2028 (NASDAQ:GECCZ) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 1,500 shares, a decrease of 21.1% from the September 30th total of 1,900 shares. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is presently 0.5 days.

Great Elm Capital Corp. 8.75% Notes due 2028 Stock Up 0.0 %

GECCZ traded up $0.01 during trading on Monday, reaching $25.43. The company had a trading volume of 2,623 shares, compared to its average volume of 4,818. The business has a 50 day simple moving average of $25.42 and a 200-day simple moving average of $25.34. Great Elm Capital Corp. 8.75% Notes due 2028 has a 52 week low of $24.50 and a 52 week high of $26.00.

Great Elm Capital Corp. 8.75% Notes due 2028 Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Sunday, September 15th were paid a $0.5469 dividend. This is a positive change from Great Elm Capital Corp. 8.75% Notes due 2028’s previous dividend of $0.54. The ex-dividend date of this dividend was Friday, September 13th.

About Great Elm Capital Corp. 8.75% Notes due 2028

great elm capital corp. (nasdaq: gecc, “gecc”) is an externally managed, specialty finance company focused on investing in the debt instruments of middle market companies. gecc has elected to be regulated as a business development company (“bdc”) under the investment company act of 1940, as amended. gecc is managed by great elm capital management (“gecm”).