Short Interest in Garden Stage Limited (NASDAQ:GSIW) Expands By 71.6%

Garden Stage Limited (NASDAQ:GSIW) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 5,440,000 shares, an increase of 71.6% from the August 15th total of 3,170,000 shares. Based on an average daily volume of 16,180,000 shares, the short-interest ratio is currently 0.3 days. Approximately 11.7% of the shares of the company are short sold. Approximately 11.7% of the shares of the company are short sold. Based on an average daily volume of 16,180,000 shares, the short-interest ratio is currently 0.3 days.

Garden Stage Trading Up 18.1%

Garden Stage stock opened at $0.17 on Wednesday. The firm has a 50 day simple moving average of $0.36 and a 200-day simple moving average of $0.62. Garden Stage has a 12-month low of $0.09 and a 12-month high of $8.35.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of Garden Stage to a “sell” rating in a research report on Saturday, July 12th.

Garden Stage Company Profile

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.