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

Great Elm Group logo with Multi-Sector Conglomerates background

Great Elm Group, Inc. (NASDAQ:GEG - Get Free Report) was the target of a significant drop in short interest in 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. Approximately 0.0% of the company's stock are sold short. Based on an average trading volume of 16,100 shares, the short-interest ratio is currently 0.4 days.

Great Elm Group Stock Up 0.2%

Shares of Great Elm Group stock traded up $0.01 during trading on Monday, reaching $2.20. The stock had a trading volume of 10,680 shares, compared to its average volume of 26,704. The company has a current ratio of 30.34, a quick ratio of 30.34 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $61.33 million, a price-to-earnings ratio of -219,500.00 and a beta of 0.77. The stock has a fifty day moving average price of $1.99 and a two-hundred day moving average price of $1.90. Great Elm Group has a 52 week low of $1.70 and a 52 week high of $2.21.

Great Elm Group (NASDAQ:GEG - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The company reported ($0.17) earnings per share for the quarter, missing analysts' consensus estimates of $0.33 by ($0.50). The firm had revenue of $3.21 million for the quarter. Great Elm Group had a return on equity of 0.19% and a net margin of 0.71%.

Great Elm Group Company Profile

(Get Free Report)

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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