Garden Stage Limited (NASDAQ:GSIW) Sees Large Increase in Short Interest

Garden Stage Limited (NASDAQ:GSIW) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 202,500 shares, an increase of 92.1% from the November 30th total of 105,400 shares. Based on an average trading volume of 1,870,000 shares, the short-interest ratio is presently 0.1 days. Approximately 3.4% of the company’s shares are sold short.

Garden Stage Stock Performance

Shares of Garden Stage stock traded up $0.03 during trading on Friday, reaching $0.61. 454,985 shares of the stock were exchanged, compared to its average volume of 996,621. Garden Stage has a 1 year low of $0.52 and a 1 year high of $15.99. The stock’s fifty day moving average is $0.77 and its 200 day moving average is $4.10.

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.