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Geospace Technologies' short interest increased 27.3% to 220,700 shares in May, with institutional investors owning 57.15%.
Geospace Technologies Co. (NASDAQ: GEOS) saw its short interest rise 27.3% to 220,700 shares in May, representing 1.8% of its stock.
Institutional investors own 57.15%, with Victory Capital Management Inc. and Acadian Asset Management LLC increasing their stakes.
StockNews.com downgraded the stock from "strong-buy" to "hold" and the company's last quarter reported a net margin of 11.75% and $24.27M revenue.
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El interés a corto plazo de Geospace Technologies aumentó un 27,3% a 220.700 acciones en mayo, y los inversores institucionales poseían el 57,15%.