Great Elm Capital Corp. 8.75% Notes due 2028 (NASDAQ:GECCZ) Short Interest Update

Posted by Donna Armstrong on Mar 20th, 2025

Great Elm Capital Corp. 8.75% Notes due 2028 (NASDAQ:GECCZ – Get Free Report) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 500 shares, a decline of 16.7% from the February 13th total of 600 shares. Based on an average daily volume of 2,000 shares, the days-to-cover ratio is currently 0.3 days.

Great Elm Capital Corp. 8.75% Notes due 2028 Stock Performance

Great Elm Capital Corp. 8.75% Notes due 2028 stock traded down $0.03 during mid-day trading on Thursday, reaching $25.05. The stock had a trading volume of 101 shares, compared to its average volume of 2,859. The company has a 50-day moving average price of $25.33 and a two-hundred day moving average price of $25.38. Great Elm Capital Corp. 8.75% Notes due 2028 has a one year low of $25.01 and a one year high of $25.80.

Great Elm Capital Corp. 8.75% Notes due 2028 Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Saturday, March 15th will be given a $0.5469 dividend. This represents a $2.19 dividend on an annualized basis and a yield of 8.73%. The ex-dividend date is Friday, March 14th. This is an increase from Great Elm Capital Corp. 8.75% Notes due 2028’s previous quarterly dividend of $0.54.

Great Elm Capital Corp. 8.75% Notes due 2028 Company Profile

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great elm capital corp. (nasdaq: gecc, “gecc”) is an externally managed, specialty finance company focused on investing in the debt instruments of middle market companies. gecc has elected to be regulated as a business development company (“bdc”) under the investment company act of 1940, as amended. gecc is managed by great elm capital management (“gecm”).