Great Elm Group, Inc. 7.25% Notes due 2027 (NASDAQ:GEGGL – Get Free Report) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 2,743 shares, a growth of 83.7% from the September 30th total of 1,493 shares. Based on an average daily volume of 867 shares, the short-interest ratio is presently 3.2 days.
Great Elm Group, Inc. 7.25% Notes due 2027 Stock Down 0.9%
Shares of NASDAQ GEGGL traded down $0.23 during trading hours on Monday, reaching $24.62. The stock had a trading volume of 613 shares, compared to its average volume of 2,437. Great Elm Group, Inc. 7.25% Notes due 2027 has a fifty-two week low of $23.80 and a fifty-two week high of $26.00. The firm has a 50-day moving average of $24.70 and a 200-day moving average of $24.65.
Great Elm Group, Inc. 7.25% Notes due 2027 Cuts Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 30th. Stockholders of record on Tuesday, June 15th will be given a dividend of $0.4481 per share. The ex-dividend date of this dividend is Tuesday, June 15th. This is a negative change from Great Elm Group, Inc. 7.25% Notes due 2027’s previous quarterly dividend of $0.4531. This represents a $1.79 dividend on an annualized basis and a dividend yield of 7.3%.
Great Elm Group, Inc. 7.25% Notes due 2027 Company Profile
Great Elm Group, Inc is a diversified holding company focused on investment management, specialty finance and related financial services. The company seeks to build value through investments in and ownership of operating businesses and investment platforms, with an emphasis on credit and other alternative investment opportunities.
Through its subsidiaries and affiliated entities, Great Elm Group has been associated with middle-market lending and investment activities. Its investment operations have included Great Elm Capital Corp., a business development company that invests primarily in debt and equity securities of middle-market companies, and Great Elm Capital Management, an investment adviser involved in managing related investment portfolios.
Great Elm Group’s activities are primarily conducted in the United States.
Further Reading
- Five stocks we like better than Great Elm Group, Inc. 7.25% Notes due 2027
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
Receive News & Ratings for Great Elm Group Inc. 7.25% Notes due 2027 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Elm Group Inc. 7.25% Notes due 2027 and related companies with MarketBeat.com's FREE daily email newsletter.
