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

Posted by ABMN Staff on Dec 28th, 2024

Great Elm Group, Inc. 7.25% Notes due 2027 (NASDAQ:GEGGL – Get Free Report) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 4,000 shares, a decline of 34.4% from the November 30th total of 6,100 shares. Based on an average daily 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 Up 0.3 %

Shares of GEGGL stock opened at $23.96 on Friday. Great Elm Group, Inc. 7.25% Notes due 2027 has a 12 month low of $20.75 and a 12 month high of $25.50. The company has a 50 day simple moving average of $24.19 and a two-hundred day simple moving average of $23.51.

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

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

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

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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”).