Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO) Short Interest Update

Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCOGet Free Report) was the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 19 shares, a drop of 71.2% from the April 30th total of 66 shares. Based on an average daily trading volume, of 325 shares, the short-interest ratio is currently 0.1 days.

Great Elm Capital Corp. 5.875% Notes due 2026 Stock Performance

NASDAQ GECCO remained flat at $25.25 during mid-day trading on Friday. Great Elm Capital Corp. 5.875% Notes due 2026 has a twelve month low of $24.89 and a twelve month high of $27.19. The firm has a 50 day moving average of $25.13 and a 200-day moving average of $25.14.

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

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors 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 of this dividend was Friday, March 13th.

About Great Elm Capital Corp. 5.875% Notes due 2026

(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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