Short Interest in Genius Group Limited (NYSEAMERICAN:GNS) Grows By 65.3%

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 - Get Free Report) saw a large increase in short interest during the month of August. As of August 15th, there was short interest totaling 3,190,000 shares, an increase of 65.3% 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. Currently, 4.1% of the company's stock are short sold. Currently, 4.1% of the company's stock are short sold. Based on an average daily volume of 7,650,000 shares, the short-interest ratio is presently 0.4 days.

Genius Group Trading Up 21.7%

Shares of NYSEAMERICAN:GNS traded up $0.16 during trading hours on Thursday, reaching $0.90. The stock had a trading volume of 3,708,274 shares, compared to its average volume of 2,015,229. Genius Group has a 1 year low of $0.21 and a 1 year high of $1.92. The firm's 50 day moving average is $1.08 and its 200-day moving average is $0.63. The company has a current ratio of 3.65, a quick ratio of 3.61 and a debt-to-equity ratio of 0.13.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Genius Group stock. Stark Wealth Management LLC bought a new stake in Genius Group Limited (NYSEAMERICAN:GNS - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 18,600 shares of the company's stock, valued at approximately $25,000. Institutional investors and hedge funds own 14.28% of the company's stock.

Genius Group Company Profile

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.