Great Elm Capital (GECC) News Today

Great Elm Capital Corp. (NASDAQ:GECC - Get Free Report) saw a significant decline in short interest in July. As of July 15th, there was short interest totalling 9,900 shares, a decline of 47.1% from the June 30th total of 18,700 shares. Based on an average daily volume of 18,600 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the company's stock are short sold.

Great Elm Capital (NASDAQ:GECC) Shares Down 0.4%

Great Elm Capital Corp. (NASDAQ:GECC - Get Free Report) was the target of a significant increase in short interest in May. As of May 31st, there was short interest totalling 12,300 shares, an increase of 5.1% from the May 15th total of 11,700 shares. Currently, 0.2% of the company's shares are short sold. Based on an average daily trading volume, of 19,000 shares, the days-to-cover ratio is presently 0.6 days.

Great Elm Capital Corp. (NASDAQ:GECC - Get Free Report) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 11,700 shares, an increase of 39.3% from the April 30th total of 8,400 shares. Based on an average daily volume of 17,500 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.2% of the shares of the company are sold short.

Great Elm Capital Corp. (NASDAQ:GECC) announced a quarterly dividend on Thursday, May 2nd. Investors of record on Friday, June 14th will be paid a dividend of 0.35 per share by the financial services provider on Friday, June 28th. This represents a $1.40 dividend on an annualized basis and a yield of 13.71%. The ex-dividend date is Friday, June 14th.

Great Elm Capital (NASDAQ:GECC) will be releasing earnings after the market closes on Thursday, May 2, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=592152)

Great Elm Capital (NASDAQ:GECC) Stock Price Down 1.2%