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

Great Elm Capital Corp. 8.75% Notes due 2028 (NASDAQ:GECCZ) was the recipient of a significant increase in short interest in 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 volume of 3,000 shares, the short-interest ratio is presently 0.6 days.

Great Elm Capital Corp. 8.75% Notes due 2028 Price Performance

Shares of NASDAQ:GECCZ opened at $25.51 on Friday. Great Elm Capital Corp. 8.75% Notes due 2028 has a twelve month low of $24.50 and a twelve month high of $25.80. The stock’s 50 day moving average is $25.42 and its 200-day moving average is $25.37.

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

The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors of record on Sunday, December 15th will be given 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.

Great Elm Capital Corp. 8.75% Notes due 2028 Company Profile

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”).