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

Garden Stage Limited (NASDAQ:GSIW) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totalling 42,000 shares, a decline of 11.4% from the July 15th total of 47,400 shares. Currently, 1.1% of the company’s shares are sold short. Based on an average daily volume of 47,400 shares, the short-interest ratio is presently 0.9 days.

Garden Stage Price Performance

GSIW stock remained flat at $7.16 during trading on Monday. The company had a trading volume of 2,415 shares, compared to its average volume of 37,986. The stock has a 50 day moving average price of $7.17 and a 200-day moving average price of $8.33. Garden Stage has a 1-year low of $4.20 and a 1-year high of $15.99.

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.