Genius Group Limited (NYSEAMERICAN:GNS) Shares Shorted: Short Interest Down 36.1% in October

Genius Group Limited (NYSEAMERICAN:GNS) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 6,924,493 shares, a drop of 36.1% from the September 30th total of 10,844,925 shares. Approximately 7.4% of the company’s shares are sold short. Based on an average daily trading volume, of 23,611,648 shares, the short-interest ratio is currently 0.3 days.

Genius Group Price Performance

GNS opened at $0.11 on Wednesday. The firm has a 50 day simple moving average of $0.15 and a 200 day simple moving average of $0.27. Genius Group has a fifty-two week low of $0.11 and a fifty-two week high of $1.06.

Genius Group (NYSEAMERICAN:GNS) last released its earnings results on Monday, September 28th. The company reported ($0.03) earnings per share for the quarter, meeting the consensus estimate of ($0.03). The company had revenue of $3.10 million during the quarter, compared to analyst estimates of $9.07 million. Analysts forecast that Genius Group will post -0.08 EPS for the current year.

Institutional Trading of Genius Group

A hedge fund recently bought a new position in Genius Group stock. StoneX Group Inc. bought a new stake in Genius Group Limited (NYSEAMERICAN:GNS) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 159,753 shares of the company’s stock, valued at approximately $26,000. StoneX Group Inc. owned approximately 0.08% of Genius Group as of its most recent filing with the Securities and Exchange Commission. 14.28% of the stock is currently owned by institutional investors and hedge funds.

Genius Group Company Profile

Genius Group Limited is a Singapore-based education technology company focused on entrepreneurship and lifelong learning. The company provides education, training and support for students, entrepreneurs and business leaders through a combination of digital platforms, online courses, mentoring and in-person programs.

Its core platform, GeniusU, is designed to connect learners with courses, mentors, events and entrepreneurial resources. Genius Group also operates or develops entrepreneur-focused learning hubs and communities intended to combine education, innovation, networking and business services.

The company serves users internationally through its online offerings and a network of education and entrepreneurship initiatives.