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

Garden Stage Limited (NASDAQ:GSIW) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 283,600 shares, a decline of 30.5% from the February 28th total of 407,800 shares. Based on an average daily volume of 3,800,000 shares, the short-interest ratio is presently 0.1 days. Currently, 4.7% of the shares of the company are sold short.

Garden Stage Trading Down 3.3 %

NASDAQ:GSIW traded down $0.02 during mid-day trading on Friday, hitting $0.49. The stock had a trading volume of 115,512 shares, compared to its average volume of 1,991,563. Garden Stage has a twelve month low of $0.43 and a twelve month high of $12.30. The company’s 50 day simple moving average is $0.52 and its 200 day simple moving average is $0.97.

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.