Garden Stage Limited (NASDAQ:GSIW) Sees Significant Growth in Short Interest

Garden Stage Limited (NASDAQ:GSIW) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 1,140,000 shares, an increase of 873.5% from the January 31st total of 117,100 shares. Approximately 19.0% of the company’s stock are short sold. Based on an average trading volume of 3,820,000 shares, the days-to-cover ratio is currently 0.3 days.

Garden Stage Price Performance

NASDAQ:GSIW opened at $0.51 on Friday. The firm has a 50 day moving average of $0.57 and a 200 day moving average of $2.12. Garden Stage has a 52 week low of $0.43 and a 52 week high of $12.30.

About Garden Stage

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.