Global Interactive Technologies, Inc. (NASDAQ:GITS) Short Interest Update

Posted by Geri Gentry on Aug 27th, 2026

Global Interactive Technologies, Inc. (NASDAQ:GITS – Get Free Report) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 8,464 shares, a drop of 75.8% from the July 30th total of 34,996 shares. Based on an average trading volume of 194,605 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.3% of the shares of the stock are short sold.

Global Interactive Technologies Price Performance

NASDAQ GITS traded up $0.09 on Thursday, reaching $1.80. The company had a trading volume of 50,364 shares, compared to its average volume of 198,841. The firm has a 50-day moving average of $2.04 and a 200-day moving average of $2.08. The firm has a market capitalization of $6.61 million, a PE ratio of -1.28 and a beta of -0.61. Global Interactive Technologies has a 1 year low of $0.66 and a 1 year high of $7.09.

Global Interactive Technologies (NASDAQ:GITS – Get Free Report) last posted its quarterly earnings data on Monday, June 22nd. The company reported ($0.14) earnings per share (EPS) for the quarter. The business had revenue of $0.00 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Global Interactive Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, August 20th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Check Out Our Latest Report on Global Interactive Technologies

Institutional Trading of Global Interactive Technologies

An institutional investor recently bought a new stake in Global Interactive Technologies stock. Bank of America Corp DE purchased a new stake in Global Interactive Technologies, Inc. (NASDAQ:GITS – Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 53,206 shares of the company’s stock, valued at approximately $119,000. Bank of America Corp DE owned 1.45% of Global Interactive Technologies as of its most recent SEC filing. Institutional investors and hedge funds own 0.22% of the company’s stock.

Global Interactive Technologies Company Profile

(Get Free Report)

Global Interactive Technologies, Inc engages in the provision of a global multi-media platform for users to interact with other like-minded users to share appreciation of various types of entertainment and cultures such as K-POP and modern Korean culture. It operates through the FANTOO platform. The company was founded on October 20, 2021 and is headquartered in Seoul, South Korea.