Geox S.p.A. (OTCMKTS:GXSBF) Sees Large Drop in Short Interest

Geox S.p.A. (OTCMKTS:GXSBF) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 1,511,100 shares, a decline of 7.0% from the August 15th total of 1,625,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days.

Geox Stock Performance

Shares of Geox stock opened at $0.60 on Thursday. The firm’s 50-day moving average is $0.60 and its 200 day moving average is $0.72. Geox has a 1 year low of $0.60 and a 1 year high of $0.60.

Geox Company Profile

Geox S.p.A. creates, produces, promotes, and distributes footwear and apparel to retailers and end consumers in Italy, Europe, North America, and internationally. The company offers shoes and apparel under the Geox brand name through multi-brand selling points, mono-brand stores, Geox Shops, and e-commerce channels.