Short Interest in Great Elm Group, Inc. (NASDAQ:GEG) Rises By 118.6%

Posted by Stephan Jacobs on Mar 28th, 2025

Great Elm Group, Inc. (NASDAQ:GEG – Get Free Report) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 24,700 shares, an increase of 118.6% from the February 28th total of 11,300 shares. Based on an average daily volume of 19,900 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Trading of Great Elm Group

A hedge fund recently bought a new stake in Great Elm Group stock. Ballentine Partners LLC acquired a new position in shares of Great Elm Group, Inc. (NASDAQ:GEG – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 40,000 shares of the company’s stock, valued at approximately $72,000. Ballentine Partners LLC owned approximately 0.13% of Great Elm Group as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 52.83% of the company’s stock.

Great Elm Group Stock Performance

Great Elm Group stock remained flat at $1.89 on Friday. The company’s stock had a trading volume of 3,699 shares, compared to its average volume of 30,807. Great Elm Group has a one year low of $1.70 and a one year high of $2.04. The stock has a market capitalization of $53.57 million, a P/E ratio of -189,000.00 and a beta of 1.01. The company has a debt-to-equity ratio of 0.89, a quick ratio of 30.34 and a current ratio of 30.34. The company’s fifty day moving average is $1.87 and its two-hundred day moving average is $1.84.

Great Elm Group (NASDAQ:GEG – Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.30). Great Elm Group had a return on equity of 0.19% and a net margin of 0.71%.

About Great Elm Group

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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.