Great Elm Group, Inc. 7.25% Notes due 2027 (NASDAQ:GEGGL) Short Interest Down 31.0% in February

Great Elm Group, Inc. 7.25% Notes due 2027 (NASDAQ:GEGGL) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 2,000 shares, a decline of 31.0% from the January 31st total of 2,900 shares. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is currently 0.8 days.

Great Elm Group, Inc. 7.25% Notes due 2027 Trading Down 0.7 %

Shares of NASDAQ:GEGGL traded down $0.18 during trading on Tuesday, reaching $23.83. The company had a trading volume of 1,825 shares, compared to its average volume of 2,776. Great Elm Group, Inc. 7.25% Notes due 2027 has a twelve month low of $21.00 and a twelve month high of $25.50. The firm’s fifty day moving average is $23.84 and its 200 day moving average is $23.89.

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

The company also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Saturday, March 15th will be paid a dividend of $0.4531 per share. The ex-dividend date is Friday, March 14th.

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”).