Garden Stage Limited (NASDAQ:GSIW) Short Interest Down 31.2% in February

Garden Stage Limited (NASDAQ:GSIW) was the recipient of a significant drop in short interest in February. As of February 13th, there was short interest totaling 298,822 shares, a drop of 31.2% from the January 29th total of 434,162 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 378,463 shares, the short-interest ratio is presently 0.8 days. Based on an average daily trading volume, of 378,463 shares, the short-interest ratio is presently 0.8 days. Approximately 0.8% of the shares of the stock are sold short.

Garden Stage Stock Performance

Shares of NASDAQ GSIW traded down $0.00 during mid-day trading on Friday, reaching $0.11. 283,337 shares of the company traded hands, compared to its average volume of 377,533. The company’s fifty day moving average is $0.14 and its two-hundred day moving average is $0.14. Garden Stage has a fifty-two week low of $0.09 and a fifty-two week high of $1.79.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Garden Stage in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

Institutional Investors Weigh In On Garden Stage

A hedge fund recently raised its stake in Garden Stage stock. XTX Topco Ltd lifted its holdings in shares of Garden Stage Limited (NASDAQ:GSIW) by 244.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 258,052 shares of the company’s stock after purchasing an additional 183,147 shares during the period. XTX Topco Ltd owned 0.72% of Garden Stage worth $33,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.47% of the company’s stock.

Garden Stage Company Profile

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.