Garden Stage Limited (NASDAQ:GSIW) Short Interest Down 47.9% in January

Garden Stage Limited (NASDAQ:GSIW) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 419,482 shares, a decline of 47.9% from the December 31st total of 805,353 shares. Currently, 1.2% of the shares of the company are short sold. Based on an average daily trading volume, of 346,755 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily trading volume, of 346,755 shares, the days-to-cover ratio is presently 1.2 days. Currently, 1.2% of the shares of the company are short sold.

Garden Stage Stock Up 2.0%

Shares of NASDAQ GSIW traded up $0.00 on Friday, hitting $0.16. The company’s stock had a trading volume of 674,213 shares, compared to its average volume of 510,794. The stock has a 50 day moving average of $0.14 and a 200-day moving average of $0.18. Garden Stage has a 12-month low of $0.09 and a 12-month high of $1.79.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Garden Stage in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

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. Garden Stage Limited operates as a subsidiary of Oriental Moon Tree Limited.