Global Interactive Technologies, Inc. (NASDAQ:GITS) Short Interest Update

Posted by Trevor Kearing on Mar 28th, 2026

Global Interactive Technologies, Inc. (NASDAQ:GITS – Get Free Report) was the target of a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 59,666 shares, a decline of 44.2% from the February 26th total of 106,989 shares. Based on an average daily volume of 59,560 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.8% of the company’s shares are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Global Interactive Technologies in a report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Global Interactive Technologies presently has a consensus rating of “Sell”.

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Hedge Funds Weigh In On Global Interactive Technologies

An institutional investor recently bought a new position in Global Interactive Technologies stock. Citadel Advisors LLC bought a new stake in shares of Global Interactive Technologies, Inc. (NASDAQ:GITS – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 17,900 shares of the company’s stock, valued at approximately $41,000. Citadel Advisors LLC owned approximately 0.49% of Global Interactive Technologies at the end of the most recent reporting period. 0.22% of the stock is owned by hedge funds and other institutional investors.

Global Interactive Technologies Stock Performance

Shares of GITS stock traded down $0.12 on Friday, hitting $2.28. The stock had a trading volume of 15,817 shares, compared to its average volume of 53,219. The stock’s 50 day moving average is $2.59 and its 200-day moving average is $1.92. The firm has a market capitalization of $8.37 million, a price-to-earnings ratio of -3.86 and a beta of -0.53. Global Interactive Technologies has a 52-week low of $0.66 and a 52-week high of $7.09.

Global Interactive Technologies Company Profile

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Global Interactive Technologies, Inc engages in the provision of a global multi-media platform for users to interact with other like-minded users to share appreciation of various types of entertainment and cultures such as K-POP and modern Korean culture. It operates through the FANTOO platform. The company was founded on October 20, 2021 and is headquartered in Seoul, South Korea.