Great Elm Group, Inc. 7.25% Notes due 2027 (NASDAQ:GEGGL) Shares Up 0.9% – Here’s Why

Great Elm Group, Inc. 7.25% Notes due 2027 (NASDAQ:GEGGL) shares traded up 0.9% during trading on Monday . The company traded as high as $24.74 and last traded at $24.6750. 504 shares changed hands during trading, a decline of 79% from the average session volume of 2,448 shares. The stock had previously closed at $24.45.

Great Elm Group, Inc. 7.25% Notes due 2027 Stock Up 0.9%

The firm’s 50-day simple moving average is $24.48 and its 200 day simple moving average is $24.10.

Great Elm Group, Inc. 7.25% Notes due 2027 Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 30th. Shareholders of record on Tuesday, June 15th will be given a $0.4481 dividend. The ex-dividend date is Tuesday, June 15th. This represents a $1.79 dividend on an annualized basis and a yield of 7.3%.

Great Elm Group, Inc. 7.25% Notes due 2027 Company Profile

the great elm capital management (“gecm”) investment team has deep experience investing in leveraged middle market companies. the gecm team has deployed more than $17 billion into credit investments in more than 550 issuers across 20+ jurisdictions over its 14-year history under mast capital management, llc (“mast”).