Thu Sep 19 08:06:32 UTC 2024: ## Geox S.p.A. (OTCMKTS:GXSBF) Sees Short Interest Decline in August
**MarketBeat News** – Geox S.p.A. (OTCMKTS:GXSBF) experienced a notable drop in short interest during August. According to data released on September 19th, short interest decreased by 7.0% to 1,511,100 shares as of August 31st, down from 1,625,000 shares on August 15th.
The decrease in short interest suggests a potential shift in sentiment among investors, with some believing the stock price may rise. However, the short-interest ratio currently stands at an infinite number of days due to the low daily trading volume.
Geox opened trading at $0.60 on Thursday, with a 1-year low and high both at $0.60. The stock’s 50-day moving average sits at $0.60, while its 200-day moving average is $0.72.
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First Piper 