GigaMedia Limited (NASDAQ:GIGM) Sees Significant Decrease in Short Interest

Posted by George Bondi on Aug 15th, 2026

GigaMedia Limited (NASDAQ:GIGM – Get Free Report) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 4,092 shares, a decrease of 53.5% from the July 15th total of 8,797 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 5,860 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in GigaMedia stock. Osaic Holdings Inc. grew its stake in GigaMedia Limited (NASDAQ:GIGM – Free Report) by 9.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 189,871 shares of the technology company’s stock after buying an additional 16,138 shares during the period. Osaic Holdings Inc. owned approximately 1.72% of GigaMedia worth $283,000 as of its most recent SEC filing. 13.50% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded shares of GigaMedia from a “sell (d)” rating to a “sell (d-)” rating in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, GigaMedia has a consensus rating of “Sell”.

Get Our Latest Stock Analysis on GigaMedia

GigaMedia Trading Down 1.7%

GIGM stock traded down $0.03 during mid-day trading on Friday, hitting $1.49. The stock had a trading volume of 20,328 shares, compared to its average volume of 6,201. GigaMedia has a 1-year low of $1.29 and a 1-year high of $1.89. The company has a fifty day moving average of $1.42 and a 200 day moving average of $1.46. The stock has a market capitalization of $16.41 million, a price-to-earnings ratio of -8.25 and a beta of 0.49.

GigaMedia (NASDAQ:GIGM – Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The technology company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $2.13 million during the quarter. GigaMedia had a negative return on equity of 5.36% and a negative net margin of 43.36%.

GigaMedia Company Profile

(Get Free Report)

GigaMedia Limited (NASDAQ: GIGM) is a digital entertainment company that develops and operates online gaming platforms and value‐added services. The company’s offerings encompass multiplayer online games, mobile titles, and interactive entertainment that cater to both casual and core gaming audiences. Through its proprietary platform architecture, GigaMedia delivers content that ranges from fantasy role‐playing adventures to strategy and social games.

In addition to game development and publishing, GigaMedia provides a suite of complementary services designed to enhance user engagement and monetization.