GSI Technology Inc (NASDAQ:GSIT)’s traded shares stood at 45.42 million during the latest session, with the company’s beta value hitting 0.98. At the last check today, the stock’s price was $4.54, to imply an increase of 65.25% or $1.79 in intraday trading. The GSIT share’s 52-week high remains $6.02, putting it -32.6% down since that peak but still an impressive 58.59% since price per share fell to its 52-week low of $1.88. The company has a valuation of $115.82M, with an average of 0.22 million shares in intraday trading volume over the past 10 days and average of 173.65K shares over the past 3 months.
GSI Technology Inc (NASDAQ:GSIT) trade information
After registering a 65.25% upside in the latest session, GSI Technology Inc (GSIT) has traded red over the past five days. The 5-day price performance for the stock is 53.52%, and 75.46% over 30 days. With these gigs, the year-to-date price performance is 49.98%. Short interest in GSI Technology Inc (NASDAQ:GSIT) saw shorts transact 0.37 million shares and set a 2.42 days time to cover.
GSIT Dividends
GSI Technology Inc has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
GSI Technology Inc (NASDAQ:GSIT)’s Major holders
GSI Technology Inc insiders hold 21.10% of total outstanding shares, with institutional holders owning 13.26% of the shares at 16.81% float percentage. In total, 13.26% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 0.85 million shares (or 3.3772% of shares), all amounting to roughly $2.25 million.
The next major institution holding the largest number of shares is SILVERBERG BERNSTEIN CAPITAL MANAGEMENT LLC with 0.47 million shares, or about 1.8532% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.23 million.
We also have Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the GSI Technology Inc (GSIT) shares. Going by data provided on Sep 30, 2024, Vanguard Total Stock Market Index Fund holds roughly 574.55 shares. This is just over 2.25% of the total shares, with a market valuation of $2.36 million. Data from the same date shows that the other fund manager holds a little less at 241.89, or 0.95% of the shares, all valued at about 0.99 million.