Great Elm Group, Inc. (NASDAQ:GEG - Get Free Report) saw 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. Approximately 0.1% of the company's stock are sold short. Based on an average trading volume of 19,900 shares, the short-interest ratio is currently 1.2 days.
Great Elm Group Stock Up 1.8 %
GEG traded up $0.03 during trading on Tuesday, hitting $1.92. 216 shares of the company's stock traded hands, compared to its average volume of 30,692. The stock has a market capitalization of $54.53 million, a price-to-earnings ratio of -192,400.00 and a beta of 1.01. The company's 50 day simple moving average is $1.88 and its two-hundred day simple moving average is $1.84. Great Elm Group has a 12-month low of $1.70 and a 12-month high of $2.04. The company has a current ratio of 30.34, a quick ratio of 30.34 and a debt-to-equity ratio of 0.89.
Great Elm Group (NASDAQ:GEG - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.30). Great Elm Group had a net margin of 0.71% and a return on equity of 0.19%.
Institutional Trading of Great Elm Group
A hedge fund recently bought a new stake in Great Elm Group stock. Ballentine Partners LLC bought a new position in Great Elm Group, Inc. (NASDAQ:GEG - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 40,000 shares of the company's stock, valued at approximately $72,000. Ballentine Partners LLC owned about 0.13% of Great Elm Group at the end of the most recent quarter. 52.83% of the stock is currently owned by institutional investors.
Great Elm Group Company Profile
(
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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.
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