Great Elm Group, Inc. (NASDAQ:GEG) Short Interest Down 51.0% in March

Great Elm Group, Inc. (NASDAQ:GEG - Get Free Report) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 12,100 shares, a decrease of 51.0% from the March 15th total of 24,700 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 19,200 shares, the days-to-cover ratio is presently 0.6 days.Get Great Elm Group alerts:Great Elm Group Stock PerformanceShares of NASDAQ GEG remained flat at $1.90 during trading on Wednesday. 6,332 shares of the company's stock were exchanged, compared to its average volume of 31,203. The business's 50 day moving average is $1.90 and its 200 day moving average is $1.84. The company has a current ratio of 30.34, a quick ratio of 30.34 and a debt-to-equity ratio of 0.89. The stock has a market cap of $53.85 million, a PE ratio of -190,000.00 and a beta of 0.75. Great Elm Group has a one year low of $1.70 and a one year high of $2.04. Great Elm Group (NASDAQ:GEG - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.30). Great Elm Group had a return on equity of 0.19% and a net margin of 0.71%. Institutional Investors Weigh In On Great Elm GroupAn institutional investor recently bought a new position in Great Elm Group stock. Ballentine Partners LLC acquired a new stake in shares of Great Elm Group, Inc. (NASDAQ:GEG - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 40,000 shares of the company's stock, valued at approximately $72,000. Ballentine Partners LLC owned approximately 0.13% of Great Elm Group as of its most recent filing with the Securities and Exchange Commission. 52.83% of the stock is currently owned by hedge funds and other institutional investors. About Great Elm Group (Get Free Report)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.Featured StoriesFive stocks we like better than Great Elm Group2 Rising CRM Platform Stocks That Can Surge Higher in 2025 Viking Therapeutics Stock Pops But Struggles to Hold GainsUsing the MarketBeat Dividend Yield CalculatorQualcomm Stock Just Earned a Fresh Buy Rating—Get ExcitedManufacturing Stocks InvestingMeta Stock Holds Upside Potential as Analysts Cut Price TargetsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Great Elm Group Right Now?Before you consider Great Elm Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Great Elm Group wasn't on the list.While Great Elm Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here