Great Elm Group (GEG) News Today

Great Elm Group, Inc. (NASDAQ:GEG - Get Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totalling 27,000 shares, a growth of 429.4% from the June 15th total of 5,100 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 32,300 shares, the short-interest ratio is currently 0.8 days.

Great Elm Group, Inc. (NASDAQ:GEG - Get Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 3,400 shares, an increase of 9.7% from the May 15th total of 3,100 shares. Based on an average daily volume of 30,300 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Great Elm Group, Inc. (NASDAQ:GEG - Get Free Report) Director Matthew A. Drapkin acquired 20,001 shares of the firm's stock in a transaction dated Wednesday, May 22nd. The stock was bought at an average price of $1.76 per share, with a total value of $35,201.76. Following the completion of the acquisition, the director now directly owns 1,958,675 shares of the company's stock, valued at $3,447,268. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Great Elm Group, Inc. (NASDAQ:GEG - Get Free Report) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totalling 3,400 shares, a decline of 63.4% from the April 15th total of 9,300 shares. Based on an average trading volume of 10,000 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company's shares are sold short.

Great Elm Group, Inc. (NASDAQ:GEG - Get Free Report) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 11,600 shares, a decrease of 41.1% from the March 15th total of 19,700 shares. Currently, 0.0% of the company's shares are sold short. Based on an average daily volume of 10,000 shares, the short-interest ratio is presently 1.2 days.

Great Elm Group, Inc. (NASDAQ:GEG - Get Free Report) was the target of a large growth in short interest in February. As of February 29th, there was short interest totalling 4,500 shares, a growth of 28.6% from the February 14th total of 3,500 shares. Currently, 0.0% of the company's shares are sold short. Based on an average daily volume of 10,700 shares, the days-to-cover ratio is currently 0.4 days.

Great Elm Group, Inc. (NASDAQ:GEG - Get Free Report) insider Jason W. Reese bought 16,200 shares of the company's stock in a transaction on Wednesday, March 13th. The shares were bought at an average price of $1.94 per share, with a total value of $31,428.00. Following the completion of the transaction, the insider now owns 6,318,549 shares of the company's stock, valued at $12,257,985.06. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Great Elm Group (NASDAQ:GEG) will be releasing earnings after the market closes on Tuesday, February 13, Zacks reports.