Great Elm Group, Inc. (NASDAQ:GEG) Short Interest Update

Key Points

• Great Elm Group, Inc. experienced a significant increase in short interest, growing by 76.8% in August, with a total of 12,200 shares sold short as of August 31st.
• The company's stock opened at $2.85 and has a twelve-month high of $3.51, indicating a range of volatility over the past year.
• In its latest earnings report, Great Elm Group posted $0.02 EPS and revenue of $5.61 million for the quarter with a net margin of 79.01%.

Great Elm Group, Inc. (NASDAQ:GEG - Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 12,200 shares, a growth of 76.8% from the August 15th total of 6,900 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 279,900 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 279,900 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the shares of the company are sold short.

Great Elm Group Stock Performance

NASDAQ:GEG opened at $2.85 on Monday. The business's 50-day moving average price is $2.31 and its two-hundred day moving average price is $2.10. Great Elm Group has a twelve month low of $1.70 and a twelve month high of $3.51. The stock has a market cap of $82.65 million, a P/E ratio of 8.91 and a beta of 0.78. The company has a quick ratio of 14.34, a current ratio of 14.34 and a debt-to-equity ratio of 0.76.

Great Elm Group (NASDAQ:GEG - Get Free Report) last announced its quarterly earnings results on Tuesday, September 2nd. The company reported $0.02 EPS for the quarter. The business 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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