Garden Stage Limited (NASDAQ:GSIW – Get Free Report) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 7,263 shares, a decline of 36.5% from the May 31st total of 11,433 shares. Based on an average daily volume of 5,573 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.7% of the company’s stock are sold short.
Garden Stage Price Performance
Shares of GSIW traded down $1.78 during midday trading on Friday, hitting $27.61. The company had a trading volume of 3,546 shares, compared to its average volume of 7,822. The company’s 50 day moving average price is $29.51 and its 200 day moving average price is $26.18. Garden Stage has a 52 week low of $8.00 and a 52 week high of $358.00.
Analysts Set New Price Targets
Separately, Weiss Ratings upgraded Garden Stage from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, June 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Garden Stage has an average rating of “Sell”.
Institutional Trading of Garden Stage
A hedge fund recently raised its stake in Garden Stage stock. XTX Topco Ltd raised its position in shares of Garden Stage Limited (NASDAQ:GSIW – Free Report) by 244.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 258,052 shares of the company’s stock after buying an additional 183,147 shares during the quarter. XTX Topco Ltd owned about 0.72% of Garden Stage worth $33,000 at the end of the most recent quarter. Institutional investors and hedge funds 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.
Featured Articles
- Five stocks we like better than Garden Stage
- AST SpaceMobile’s Japan Catalyst Puts Its Rollout Story Back in Focus
- Gold and Silver Recovery—3 Precious Metals Stocks for H2 2026
- Klarna’s Google Court Win Could Give Its BNPL Story a Needed Cash Catalyst
- Why Kroger’s Giant Eagle Deal Could Change Everything
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.
