Short Interest in Guardion Health Sciences, Inc. (NASDAQ:GHSI) Grows By 45.7%

Posted by Doug Wharley on Sep 16th, 2024

Guardion Health Sciences, Inc. (NASDAQ:GHSI – Get Free Report) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 81,000 shares, a growth of 45.7% from the August 15th total of 55,600 shares. Based on an average daily trading volume, of 81,100 shares, the short-interest ratio is presently 1.0 days. Approximately 6.4% of the shares of the company are sold short.

Guardion Health Sciences Stock Performance

Shares of GHSI opened at $9.91 on Monday. Guardion Health Sciences has a fifty-two week low of $5.01 and a fifty-two week high of $18.00. The firm has a 50-day simple moving average of $10.57 and a 200-day simple moving average of $9.45. The company has a market capitalization of $12.72 million, a price-to-earnings ratio of -2.47 and a beta of 0.80.

Guardion Health Sciences (NASDAQ:GHSI – Get Free Report) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($1.64) EPS for the quarter. Guardion Health Sciences had a net margin of 22.79% and a negative return on equity of 73.69%. The company had revenue of $0.07 million for the quarter.

Guardion Health Sciences Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, September 23rd. Investors of record on Monday, September 9th will be issued a dividend of $5.00 per share. The ex-dividend date of this dividend is Tuesday, September 24th. Guardion Health Sciences’s dividend payout ratio is presently -124.38%.

About Guardion Health Sciences

(Get Free Report)

Guardion Health Sciences, Inc, a clinical nutrition company, develops and distributes clinically supported dietary supplements and medical foods in North America, Europe, and internationally. The company offers GlaucoCetin, a dietary supplement to support mitochondrial function with additional antioxidants to help reduce oxidative stress and increase blood flow throughout the body for enhanced eye support and ocular health; and Lumega-Z, a medical food that replenishes and restores the macular protective pigment.