Garden Stage Limited (NASDAQ:GSIW) Short Interest Down 30.5% in March

Garden Stage Limited (NASDAQ:GSIW) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 283,600 shares, a drop of 30.5% from the February 28th total of 407,800 shares. Based on an average trading volume of 3,800,000 shares, the days-to-cover ratio is currently 0.1 days. Approximately 4.7% of the company’s shares are short sold.

Garden Stage Stock Performance

Shares of Garden Stage stock traded down $0.01 on Monday, hitting $0.48. 169,912 shares of the company’s stock traded hands, compared to its average volume of 1,984,158. The firm’s 50-day moving average price is $0.52 and its two-hundred day moving average price is $0.97. Garden Stage has a one year low of $0.43 and a one year high of $12.30.

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.