Short Interest in Great Elm Capital Corp. 8.75% Notes due 2028 (NASDAQ:GECCZ) Increases By 26.7%

Great Elm Capital Corp. 8.75% Notes due 2028 (NASDAQ:GECCZ) saw a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 1,900 shares, an increase of 26.7% from the October 15th total of 1,500 shares. Based on an average daily trading volume, of 3,000 shares, the short-interest ratio is currently 0.6 days.

Great Elm Capital Corp. 8.75% Notes due 2028 Trading Up 0.0 %

GECCZ traded up $0.01 during trading hours on Friday, hitting $25.51. The company’s stock had a trading volume of 687 shares, compared to its average volume of 4,612. Great Elm Capital Corp. 8.75% Notes due 2028 has a 12 month low of $24.50 and a 12 month high of $25.80. The business’s 50-day moving average price is $25.42 and its 200-day moving average price is $25.37.

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

The business also recently announced a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Sunday, December 15th will be issued a $0.553 dividend. This is a boost from Great Elm Capital Corp. 8.75% Notes due 2028’s previous dividend of $0.55. The ex-dividend date is Friday, December 13th.

About Great Elm Capital Corp. 8.75% Notes due 2028

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”).