Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO) Stock Price Down 0.1% – Time to Sell?

Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO)’s stock price traded down 0.1% during trading on Tuesday . The stock traded as low as $24.93 and last traded at $24.95. 1,112 shares were traded during mid-day trading, a decline of 90% from the average session volume of 10,901 shares. The stock had previously closed at $24.97.

Great Elm Capital Corp. 5.875% Notes due 2026 Stock Down 0.1%

The company’s fifty day simple moving average is $25.16 and its 200 day simple moving average is $25.15.

Great Elm Capital Corp. 5.875% Notes due 2026 Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Sunday, March 15th will be given a dividend of $0.3631 per share. This represents a $1.45 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend is Friday, March 13th.

Great Elm Capital Corp. 5.875% Notes due 2026 Company Profile

Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ: GECCO) are senior unsecured notes issued by Great Elm Capital Corp., a business development company organized under the Investment Company Act of 1940. The notes carry a fixed interest rate of 5.875% per annum and mature in July 2026, with interest payable quarterly. These securities are listed on the Nasdaq Capital Market and represent a funding instrument used by the issuer to support its lending and investment activities.

Great Elm Capital Corp.