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

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

Garden Stage Stock Up 2.0%

GSIW traded up $0.00 during midday trading on Friday, hitting $0.16. The stock had a trading volume of 674,213 shares, compared to its average volume of 510,794. Garden Stage has a 1 year low of $0.09 and a 1 year high of $1.79. The business has a fifty day moving average of $0.14 and a 200 day moving average of $0.17.

Analyst Upgrades and Downgrades

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