Garden Stage Limited (NASDAQ:GSIW) Short Interest Update

Garden Stage Limited (NASDAQ:GSIW) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 3,180,000 shares, a decline of 41.5% from the August 31st total of 5,440,000 shares. Currently, 2.2% of the shares of the stock are short sold. Based on an average daily volume of 19,530,000 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 19,530,000 shares, the days-to-cover ratio is currently 0.2 days. Currently, 2.2% of the shares of the stock are short sold.

Analysts Set New Price Targets

Several equities analysts recently commented on GSIW shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Garden Stage in a research note on Saturday, September 27th. Wall Street Zen upgraded shares of Garden Stage to a “sell” rating in a report on Saturday, July 12th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Garden Stage has a consensus rating of “Sell”.

Garden Stage Trading Down 1.1%

Shares of NASDAQ GSIW opened at $0.15 on Friday. The company has a 50 day simple moving average of $0.12 and a 200 day simple moving average of $0.59. Garden Stage has a 1 year low of $0.09 and a 1 year high of $2.59.

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.