During the recent session, GSI Technology Inc (NASDAQ:GSIT)’s traded shares were 0.48 million, with the beta value of the company hitting 0.92. At the last check today, the stock’s price was $5.27, reflecting an intraday loss of -2.41% or -$0.13. The 52-week high for the GSIT share is $9.80, that puts it down -85.96 from that peak though still a striking 72.11% gain since the share price plummeted to a 52-week low of $1.47. The company’s market capitalization is $133.33M, and the average intraday trading volume over the past 10 days was 1.24 million shares, and the average trade volume was 565.77K shares over the past three months.
GSI Technology Inc (NASDAQ:GSIT) trade information
GSI Technology Inc (GSIT) registered a -2.41% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.41% in intraday trading to $5.27, hitting a weekly high. The stock’s 5-day price performance is 55.00%, and it has moved by 27.29% in 30 days. Based on these gigs, the overall price performance for the year is 186.41%. The short interest in GSI Technology Inc (NASDAQ:GSIT) is 0.92 million shares and it means that shorts have 1.33 day(s) to cover.
GSIT Dividends
GSI Technology Inc is due to release its next quarterly earnings between May 14 and May 20. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
GSI Technology Inc (NASDAQ:GSIT)’s Major holders
GSI Technology Inc insiders own 26.08% of total outstanding shares while institutional holders control 17.96%, with the float percentage being 24.29%. AIGH Capital Management LLC is the largest shareholder of the company, while 47 institutions own stock in it. As of Jun 29, 2023, the company held over 2.0 million shares (or 7.97% of all shares), a total value of $11.06 million in shares.
The next largest institutional holding, with 0.73 million shares, is of Vanguard Group Inc’s that is approximately 2.91% of outstanding shares. At the market price on Jun 29, 2023, these shares were valued at $4.04 million.
Also, the Mutual Funds coming in first place with the largest holdings of GSI Technology Inc (GSIT) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. Data provided on Jun 29, 2023 indicates that Vanguard Total Stock Market Index Fund owns about 0.48 million shares. This amounts to just over 1.92 percent of the company’s overall shares, with a $2.66 million market value. The same data shows that the other fund manager holds slightly less at 0.22 million, or about 0.86% of the stock, which is worth about $1.2 million.
