Garden Stage Limited (NASDAQ:GSIW) Short Interest Down 36.5% in June

Garden Stage Limited (NASDAQ:GSIWGet Free Report) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 7,263 shares, a drop of 36.5% from the May 31st total of 11,433 shares. Based on an average daily trading volume, of 5,573 shares, the short-interest ratio is currently 1.3 days. Currently, 0.7% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of Garden Stage from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, June 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Garden Stage currently has a consensus rating of “Sell”.

Check Out Our Latest Analysis on GSIW

Institutional Inflows and Outflows

An institutional investor recently raised its position in Garden Stage stock. XTX Topco Ltd raised its position in shares of Garden Stage Limited (NASDAQ:GSIWFree Report) by 244.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 258,052 shares of the company’s stock after acquiring an additional 183,147 shares during the period. XTX Topco Ltd owned approximately 0.72% of Garden Stage worth $33,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 0.47% of the company’s stock.

Garden Stage Price Performance

NASDAQ GSIW opened at $27.61 on Friday. The business’s 50 day moving average price is $29.44 and its 200-day moving average price is $26.19. Garden Stage has a fifty-two week low of $8.00 and a fifty-two week high of $358.00.

Garden Stage Company Profile

(Get Free Report)

Garden Stage Limited, through its subsidiaries, provides securities dealing and brokerage, underwriting and placing, and other financial services in Hong Kong. It also offers asset management services comprising discretionary account management and fund management services. The company was incorporated in 2022 and is headquartered in Central, Hong Kong. Garden Stage Limited operates as a subsidiary of Oriental Moon Tree Limited.

Recommended Stories

Receive News & Ratings for Garden Stage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Garden Stage and related companies with MarketBeat.com's FREE daily email newsletter.