Great Elm Group, Inc. (NASDAQ:GEG – Get Free Report) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 31,600 shares, a growth of 70.8% from the August 31st total of 18,500 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 26,000 shares, the days-to-cover ratio is presently 1.2 days.
Great Elm Group Stock Performance
Shares of NASDAQ:GEG traded down $0.01 during midday trading on Friday, reaching $1.91. The company had a trading volume of 5,339 shares, compared to its average volume of 55,335. Great Elm Group has a one year low of $1.59 and a one year high of $2.14. The company has a quick ratio of 15.26, a current ratio of 15.26 and a debt-to-equity ratio of 0.87. The stock’s fifty day moving average price is $1.83 and its 200-day moving average price is $1.84.
Great Elm Group (NASDAQ:GEG – Get Free Report) last issued its earnings results on Thursday, August 29th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.42). Great Elm Group had a negative net margin of 6.41% and a negative return on equity of 1.63%. The company had revenue of $8.92 million during the quarter.
Institutional Trading of Great Elm Group
About Great Elm Group
Great Elm Group, Inc operates as a asset management company. The company engages in credit, real estate, and finance businesses. It is also involved in business development related activities and offers investment management services. The company was formerly known as Great Elm Capital Group, Inc and changed its name to Great Elm Group, Inc in December 2020.
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