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.

June 02, 2024
3 Articles

Further Reading