In last trading session, GSI Technology Inc (NASDAQ:GSIT) saw 0.33 million shares changing hands with its beta currently measuring 0.97. Company’s recent per share price level of $2.80 trading at -$0.12 or -4.11% at ring of the bell on the day assigns it a market valuation of $71.36M. That closing price of GSIT’s stock is at a discount of -115.0% from its 52-week high price of $6.02 and is indicating a premium of 30.36% from its 52-week low price of $1.95. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 9.55 million shares which gives us an average trading volume of 1.70 million if we extend that period to 3-months.
GSI Technology Inc (NASDAQ:GSIT) trade information
Upright in the red during last session for losing -4.11%, in the last five days GSIT remained trading in the red while hitting it’s week-highest on Monday, 01/27/25 when the stock touched $2.80 price level, adding 12.23% to its value on the day. GSI Technology Inc’s shares saw a change of -7.59% in year-to-date performance and have moved -12.77% in past 5-day. GSI Technology Inc (NASDAQ:GSIT) showed a performance of -9.97% in past 30-days. Number of shares sold short was 0.46 million shares which calculate 2.35 days to cover the short interests.
GSI Technology Inc (NASDAQ:GSIT)’s Major holders
Insiders are in possession of 21.10% of company’s total shares while institution are holding 13.29 percent of that, with stock having share float percentage of 16.84%. Investors also watch the number of corporate investors in a company very closely, which is 13.29% institutions for GSI Technology Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at GSIT for having 0.85 million shares of worth $2.25 million. And as of 2024-06-30, it was holding 3.3772 of the company’s outstanding shares.
The second largest institutional holder is SILVERBERG BERNSTEIN CAPITAL MANAGEMENT LLC, which was holding about 0.47 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.8532 of outstanding shares, having a total worth of $1.23 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 574.55 shares of worth $1.61 million or 2.25% of the total outstanding shares. The later fund manager was in possession of 241.89 shares on Sep 30, 2024 , making its stake of worth around $0.68 million in the company or a holder of 0.95% of company’s stock.