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 drop in short interest in December. As of December 15th, there was short interest totalling 4,000 shares, a drop 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 currently 1.9 days.

Great Elm Group, Inc. 7.25% Notes due 2027 Stock Up 0.3 %

Shares of GEGGL opened at $23.96 on Friday. Great Elm Group, Inc. 7.25% Notes due 2027 has a 1 year low of $20.75 and a 1 year 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 declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Sunday, December 15th will be issued a $0.4531 dividend. This is an increase from Great Elm Group, Inc. 7.25% Notes due 2027’s previous quarterly dividend of $0.45. This represents a $1.81 dividend on an annualized basis and a yield of 7.56%. The ex-dividend date is Friday, December 13th.

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

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”).