Short Interest in Great Elm Group, Inc. (NASDAQ:GEG) Declines By 38.3%

Great Elm Group, Inc. (NASDAQ:GEG - Get Free Report) saw a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 5,800 shares, a drop of 38.3% from the May 15th total of 9,400 shares. Based on an average daily volume of 16,100 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

Great Elm Group Trading Up 1.4%

Shares of NASDAQ:GEG traded up $0.03 during trading on Thursday, reaching $2.23. The stock had a trading volume of 1,003 shares, compared to its average volume of 26,202. The stock has a fifty day simple moving average of $2.01 and a two-hundred day simple moving average of $1.91. The company has a current ratio of 16.21, a quick ratio of 16.21 and a debt-to-equity ratio of 0.95. Great Elm Group has a 52 week low of $1.70 and a 52 week high of $2.23.

Great Elm Group (NASDAQ:GEG - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of $0.33 by ($0.50). The firm had revenue of $3.21 million during the quarter. Great Elm Group had a negative return on equity of 1.82% and a negative net margin of 6.42%.

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.