Global Blue Group Holding AG (NYSE:GB) Short Interest Update

Global Blue Group Holding AG (NYSE:GB) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 101,300 shares, an increase of 5.5% from the May 31st total of 96,000 shares. Based on an average daily volume of 29,800 shares, the short-interest ratio is presently 3.4 days. Approximately 0.3% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GB. WCM Investment Management LLC lifted its holdings in shares of Global Blue Group by 3.9% in the first quarter. WCM Investment Management LLC now owns 1,920,343 shares of the company’s stock valued at $10,063,000 after purchasing an additional 71,326 shares in the last quarter. Armistice Capital LLC lifted its holdings in shares of Global Blue Group by 1.2% in the fourth quarter. Armistice Capital LLC now owns 1,214,475 shares of the company’s stock valued at $5,744,000 after purchasing an additional 14,600 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of Global Blue Group by 0.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 290,757 shares of the company’s stock valued at $1,524,000 after purchasing an additional 2,533 shares in the last quarter. Scalar Gauge Management LLC bought a new stake in shares of Global Blue Group in the fourth quarter valued at about $1,083,000. Finally, Sei Investments Co. lifted its holdings in shares of Global Blue Group by 4.1% in the first quarter. Sei Investments Co. now owns 100,789 shares of the company’s stock valued at $528,000 after purchasing an additional 4,000 shares in the last quarter. 89.66% of the stock is owned by institutional investors and hedge funds.

Global Blue Group Stock Down 0.8 %

NYSE:GB opened at $5.00 on Friday. Global Blue Group has a 1 year low of $4.10 and a 1 year high of $6.35. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 8.36. The stock has a market cap of $949.30 million, a price-to-earnings ratio of 71.43 and a beta of 0.42. The stock has a 50-day moving average price of $4.91 and a two-hundred day moving average price of $4.80.

Global Blue Group (NYSE:GB) last posted its earnings results on Wednesday, June 5th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). Global Blue Group had a net margin of 3.29% and a return on equity of 61.46%. The business had revenue of $114.26 million during the quarter, compared to analyst estimates of $112.38 million. During the same period in the previous year, the firm posted ($0.01) earnings per share. As a group, equities analysts expect that Global Blue Group will post 0.3 earnings per share for the current year.

Global Blue Group Company Profile

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).