Genius Group Limited (NYSEAMERICAN:GNS) Short Interest Update

Key Points

• Short Interest Increase: Genius Group Limited saw a 65.3% increase in short interest in August, rising to 3,190,000 shares from 1,930,000 shares at the end of July.
• Stock Price Decline: The company's stock traded down 3.6% on Friday, reaching a price of $0.80, considerably below its 50-day moving average of $1.11.
• Institutional Investment: Stark Wealth Management LLC recently purchased 18,600 shares of Genius Group stock as part of a new stake, reflecting a growing interest from institutional investors.

Genius Group Limited (NYSEAMERICAN:GNS - ) saw a large increase in short interest in August. As of August 15th, there was short interest totaling 3,190,000 shares, anincreaseof65.3% from the July 31st total of 1,930,000 shares. Based on an average daily volume of 7,650,000 shares, the short-interest ratio is presently 0.4 days. Approximately4.1% of the company's shares are sold short. Approximately4.1% of the company's shares are sold short. Based on an average daily volume of 7,650,000 shares, the short-interest ratio is presently 0.4 days.

Genius Group Stock Down 3.6%

GNS stock traded down $0.03 during trading on Friday, reaching $0.80. 1,592,404 shares of the stock were exchanged, compared to its average volume of 2,204,284. The firm's 50 day moving average is $1.11 and its 200 day moving average is $0.62. Genius Group has a twelve month low of $0.21 and a twelve month high of $1.92. The company has a quick ratio of 3.61, a current ratio of 3.65 and a debt-to-equity ratio of 0.13.

Hedge Funds Weigh In On Genius Group

A hedge fund recently bought a new stake in Genius Group stock. Stark Wealth Management LLC purchased a new stake in shares of Genius Group Limited (NYSEAMERICAN:GNS - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 18,600 shares of the company's stock, valued at approximately $25,000. 14.28% of the stock is currently owned by institutional investors and hedge funds.

About Genius Group

Genius Group Limited, through its subsidiaries, provides entrepreneur education system business development tools and management consultancy services to entrepreneurs and entrepreneur resorts. The company operates through two segments, Education and Campus. It develops comprehensive entrepreneurial education curriculum with a full suite of tools for student learning and faculty earning.

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