Global Blue Group Holding AG (NYSE:GB) Short Interest Up 227.3% in April

Global Blue Group Holding AG (NYSE:GB - Get Free Report) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 365,300 shares, a growth of 227.3% from the March 31st total of 111,600 shares. Currently, 0.9% of the shares of the company are short sold. Based on an average daily volume of 688,300 shares, the short-interest ratio is currently 0.5 days.

Analyst Ratings Changes

Separately, Oppenheimer lowered Global Blue Group from an "outperform" rating to a "market perform" rating in a research note on Thursday, February 27th.

Institutional Investors Weigh In On Global Blue Group

Several large investors have recently modified their holdings of GB. Bank of America Corp DE bought a new stake in shares of Global Blue Group in the 4th quarter valued at approximately $1,200,000. WCM Investment Management LLC raised its position in Global Blue Group by 3.0% in the 4th quarter. WCM Investment Management LLC now owns 1,990,631 shares of the company's stock valued at $13,437,000 after purchasing an additional 57,889 shares during the last quarter. Scalar Gauge Management LLC boosted its stake in Global Blue Group by 17.5% in the fourth quarter. Scalar Gauge Management LLC now owns 339,651 shares of the company's stock worth $2,354,000 after purchasing an additional 50,668 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Global Blue Group during the first quarter worth $294,000. Finally, Renaissance Technologies LLC increased its stake in shares of Global Blue Group by 74.8% in the fourth quarter. Renaissance Technologies LLC now owns 45,800 shares of the company's stock valued at $317,000 after buying an additional 19,600 shares in the last quarter. 89.66% of the stock is currently owned by institutional investors.

Global Blue Group Stock Performance

GB remained flat at $7.44 on Wednesday. The company had a trading volume of 172,113 shares, compared to its average volume of 214,912. Global Blue Group has a 1 year low of $4.29 and a 1 year high of $8.00. The company has a market cap of $1.48 billion, a price-to-earnings ratio of 35.43 and a beta of 0.41. The business has a 50 day moving average of $7.37 and a two-hundred day moving average of $6.70. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 5.30.

About Global Blue Group

Global Blue Group Holding AG, together with its subsidiaries, provides technology-enabled transaction processing services for merchants, banks, acquirers, governments, and travelers in Europe, the Asia Pacific, and internationally. The company operates in three segments: Tax Free Shopping Technology Solutions (TFSS), Added-Value Payment Solutions (AVPS), and Retail Tech Solutions (RTS).