Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO) Short Interest Up 230.0% in April

Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCOGet Free Report) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 66 shares, a growth of 230.0% from the April 15th total of 20 shares. Based on an average trading volume of 836 shares, the days-to-cover ratio is presently 0.1 days.

Great Elm Capital Corp. 5.875% Notes due 2026 Trading Down 0.1%

NASDAQ GECCO traded down $0.04 during trading hours on Friday, reaching $25.21. 850 shares of the company traded hands, compared to its average volume of 1,123. Great Elm Capital Corp. 5.875% Notes due 2026 has a 12 month low of $24.85 and a 12 month high of $27.19. The company has a 50 day moving average of $25.11 and a two-hundred day moving average of $25.14.

Great Elm Capital Corp. 5.875% Notes due 2026 Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Sunday, March 15th were paid a dividend of $0.3631 per share. This represents a $1.45 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date was Friday, March 13th.

Great Elm Capital Corp. 5.875% Notes due 2026 Company Profile

(Get Free Report)

Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ: GECCO) are senior unsecured notes issued by Great Elm Capital Corp., a business development company organized under the Investment Company Act of 1940. The notes carry a fixed interest rate of 5.875% per annum and mature in July 2026, with interest payable quarterly. These securities are listed on the Nasdaq Capital Market and represent a funding instrument used by the issuer to support its lending and investment activities.

Great Elm Capital Corp.

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