Great Elm Group, Inc. 7.25% Notes due 2027 (NASDAQ:GEGGL) Short Interest Update

Great Elm Group, Inc. 7.25% Notes due 2027 (NASDAQ:GEGGL) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 7,300 shares, a drop of 49.3% from the October 31st total of 14,400 shares. Based on an average daily trading volume, of 2,600 shares, the days-to-cover ratio is currently 2.8 days.

Great Elm Group, Inc. 7.25% Notes due 2027 Stock Performance

Shares of Great Elm Group, Inc. 7.25% Notes due 2027 stock remained flat at $23.97 during midday trading on Thursday. 75 shares of the stock traded hands, compared to its average volume of 2,627. Great Elm Group, Inc. 7.25% Notes due 2027 has a twelve month low of $20.34 and a twelve month high of $25.50. The company’s fifty day moving average price is $24.06 and its 200 day moving average price is $23.28.

Great Elm Group, Inc. 7.25% Notes due 2027 Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Sunday, December 15th will be given a $0.4582 dividend. This is a positive change from Great Elm Group, Inc. 7.25% Notes due 2027’s previous dividend of $0.45. The ex-dividend date of this dividend is Friday, December 13th.

About Great Elm Group, Inc. 7.25% Notes due 2027

the great elm capital management (“gecm”) investment team has deep experience investing in leveraged middle market companies. the gecm team has deployed more than $17 billion into credit investments in more than 550 issuers across 20+ jurisdictions over its 14-year history under mast capital management, llc (“mast”).