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 increase in short interest during the month of August. As of August 15th, there was short interest totaling 2,200 shares, anincreaseof57.1% from the July 31st total of 1,400 shares. Based on an average daily trading volume, of 1,100 shares, the short-interest ratio is currently 2.0 days. Based on an average daily trading volume, of 1,100 shares, the short-interest ratio is currently 2.0 days.

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

Shares of NASDAQ GEGGL opened at $24.70 on Tuesday. Great Elm Group, Inc. 7.25% Notes due 2027 has a one year low of $20.84 and a one year high of $25.50. The company’s fifty day moving average is $23.92 and its two-hundred day moving average is $23.62.

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

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 30th. Shareholders of record on Tuesday, June 15th will be given a dividend of $0.4481 per share. This represents a $1.79 annualized dividend and a dividend yield of 7.3%. The ex-dividend date is Tuesday, June 15th.

Great Elm Group, Inc. 7.25% Notes due 2027 Company Profile

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”).