Short Interest in Garden Stage Limited (NASDAQ:GSIW) Decreases By 90.9%

Garden Stage Limited (NASDAQ:GSIW) was the target of a significant decline in short interest in March. As of March 13th, there was short interest totaling 25,602 shares, a decline of 90.9% from the February 26th total of 282,301 shares. Based on an average daily volume of 273,043 shares, the short-interest ratio is presently 0.1 days. Approximately 2.3% of the shares of the company are sold short. Approximately 2.3% of the shares of the company are sold short. Based on an average daily volume of 273,043 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Garden Stage stock. XTX Topco Ltd grew its holdings in Garden Stage Limited (NASDAQ:GSIW) by 244.5% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 258,052 shares of the company’s stock after buying 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. 0.47% of the stock is owned by institutional investors.

Garden Stage Stock Performance

Shares of Garden Stage stock traded down $0.22 during trading on Wednesday, reaching $16.49. The company’s stock had a trading volume of 1,696 shares, compared to its average volume of 51,386. The company has a 50-day moving average price of $25.10 and a two-hundred day moving average price of $27.98. Garden Stage has a fifty-two week low of $8.00 and a fifty-two week high of $358.00.

About Garden Stage

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.