Short Interest in Garden Stage Limited (NASDAQ:GSIW) Drops By 61.3%

Garden Stage Limited (NASDAQ:GSIW) saw a large drop in short interest in October. As of October 31st, there was short interest totalling 160,500 shares, a drop of 61.3% from the October 15th total of 414,900 shares. Approximately 2.7% of the shares of the company are short sold. Based on an average daily trading volume, of 3,580,000 shares, the days-to-cover ratio is currently 0.0 days.

Garden Stage Price Performance

NASDAQ GSIW traded down $0.01 during trading hours on Friday, hitting $0.67. The company’s stock had a trading volume of 85,083 shares, compared to its average volume of 1,102,734. Garden Stage has a 12 month low of $0.63 and a 12 month high of $15.99. The company’s 50 day simple moving average is $2.35 and its two-hundred day simple moving average is $5.54.

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.