Great Elm Group, Inc. (NASDAQ:GEG) Short Interest Down 33.7% in August

Key Points

• Great Elm Group, Inc. saw its short interest decrease by 33.7% in August, totaling 6,900 shares as of August 15th, down from 10,400 shares at the end of July.
• The company's stock price is currently $2.75 with a market cap of $79.74 million, and it reported earnings of $0.02 per share on revenues of $5.61 million for the last quarter.
• Great Elm Group operates in various sectors, including credit and real estate, and was formerly known as Great Elm Capital Group, Inc.

Great Elm Group, Inc. (NASDAQ:GEG - Get Free Report) was the recipient of a significant decrease in short interest during the month of August. As of August 15th, there was short interest totaling 6,900 shares, adecreaseof33.7% from the July 31st total of 10,400 shares. Currently,0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 9,000 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 9,000 shares, the short-interest ratio is currently 0.8 days. Currently,0.0% of the shares of the company are sold short.

Great Elm Group Stock Performance

NASDAQ GEG traded down $0.25 during trading hours on Friday, reaching $2.75. The stock had a trading volume of 251,252 shares, compared to its average volume of 855,665. The stock has a fifty day moving average of $2.23 and a 200 day moving average of $2.07. The stock has a market cap of $79.74 million, a P/E ratio of 8.59 and a beta of 0.78. Great Elm Group has a 52-week low of $1.70 and a 52-week high of $3.51. The company has a debt-to-equity ratio of 0.76, a quick ratio of 16.21 and a current ratio of 14.34.

Great Elm Group (NASDAQ:GEG - Get Free Report) last announced its quarterly earnings results on Tuesday, September 2nd. The company reported $0.02 earnings per share for the quarter. The company had revenue of $5.61 million for the quarter. Great Elm Group had a negative return on equity of 0.20% and a net margin of 79.01%.

Great Elm Group Company Profile

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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