GSE Systems, Inc. (NASDAQ:GVP) Sees Significant Growth in Short Interest

GSE Systems, Inc. (NASDAQ:GVP) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 15,600 shares, an increase of 35.7% from the June 30th total of 11,500 shares. Based on an average daily trading volume, of 59,500 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.6% of the shares of the company are short sold.

GSE Systems Stock Performance

Shares of GVP stock opened at $3.33 on Monday. The stock has a market cap of $10.79 million, a PE ratio of -1.16 and a beta of 1.39. The business has a 50-day simple moving average of $3.70 and a 200-day simple moving average of $2.75. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.07. GSE Systems has a 52-week low of $1.21 and a 52-week high of $5.38.

GSE Systems (NASDAQ:GVP) last released its quarterly earnings results on Wednesday, May 15th. The company reported ($0.63) earnings per share for the quarter. The business had revenue of $11.28 million during the quarter. GSE Systems had a negative return on equity of 137.64% and a negative net margin of 17.08%.

About GSE Systems

GSE Systems, Inc engages in the provision of professional and technical engineering services, staffing services, and simulation software to clients in the power and process industries in the United States, Asia, Europe, and internationally. It operates in two segments: Engineering and Workforce Solutions.