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 significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 4,000 shares, a decrease of 34.4% from the November 30th total of 6,100 shares. Based on an average daily trading volume, of 2,100 shares, the days-to-cover ratio is presently 1.9 days.

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

NASDAQ GEGGL opened at $23.96 on Monday. The stock’s 50 day simple moving average is $24.19 and its 200 day simple moving average is $23.52. Great Elm Group, Inc. 7.25% Notes due 2027 has a one year low of $20.75 and a one year high of $25.50.

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

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Sunday, December 15th will be issued a dividend of $0.4531 per share. This represents a $1.81 annualized dividend and a dividend yield of 7.56%. The ex-dividend date is Friday, December 13th. This is a boost from Great Elm Group, Inc. 7.25% Notes due 2027’s previous quarterly dividend of $0.45.

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”).