Great Elm Group, Inc. 7.25% Notes due 2027 (NASDAQ:GEGGL) Sees Significant Increase in Short Interest

Posted by Latisha Jones on Mar 30th, 2025

Great Elm Group, Inc. 7.25% Notes due 2027 (NASDAQ:GEGGL – Get Free Report) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 3,900 shares, a growth of 69.6% from the February 28th total of 2,300 shares. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is currently 1.6 days.

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

Shares of Great Elm Group, Inc. 7.25% Notes due 2027 stock traded down $0.43 during trading on Friday, reaching $23.14. The company’s stock had a trading volume of 14,413 shares, compared to its average volume of 2,798. The firm’s 50-day moving average is $23.77 and its two-hundred day moving average is $23.95. Great Elm Group, Inc. 7.25% Notes due 2027 has a 52-week low of $20.84 and a 52-week high of $25.50.

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

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Saturday, March 15th will be issued a $0.4531 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.81 annualized dividend and a dividend yield of 7.83%.

Great Elm Group, Inc. 7.25% Notes due 2027 Company Profile

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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”).