( ) saw a notable decrease in short-term interest during the month May. On May 31, there were 131,700 shorted shares. This is a 10.3% decrease from the total of 146.900 shares on May 15. The short-interest ratio, based on an average trading volume 16,000 shares is currently 8.2 days. About 0.3% of a company's stock is sold short.
Global Blue Group trading down 2.7 %
The stock fell $0.14 at midday on Friday to $5.07. The stock changed hands 5,870 times, as compared to the average trading volume of 16,511. The stock's market capitalization is $915.79 millions, with a PE of -19.50. It also has a beta value of 0.49. The company's moving average for the past 50 days is $5.39, and its moving average over the last two hundred days is $5.60. The company's quick ratio is 1.43, its current ratio is 1.43 and it has a debt to equity ratio of 185.62. Recently, several hedge funds and institutional investors changed their holdings in the company. Tower Research Capital LLC TRC has increased its holdings in Global Blue Group shares by 216.4% over the third quarter. Tower Research Capital LLC TRC owns 5,667 of the company’s stock worth $26,000, after purchasing an additional 3,876 during the period. Rockefeller Capital Management L.P. grew its holdings in Global Blue Group shares by 650.0% over the last quarter. Rockefeller Capital Management L.P. owns 7,500 of the company’s stock worth $34,000, after purchasing an additional 6,500 during the period. Boston Partners acquired a new stake in Global Blue Group shares during the first quarter, valued at approximately $462,000. Allspring Global Investments Holdings LLC grew its holdings in Global Blue Group shares by 13.2% in the first quarter. Allspring Global Investments Holdings LLC owns 196.830 shares valued at $1.181,000, after purchasing an additional 22,958 during the period. Russell Investments Group Ltd. acquired a new stake in Global Blue Group shares during the first quarter, valued at approximately $1,298,000. Institutional investors own 88.51% the stock.
Global Blue Group
Global Blue Group Holding AG and its subsidiaries provide technology-enabled services to merchants, banks and acquirers in Europe, Asia Pacific and internationally. The company is divided into three segments: Tax Free Shopping Technology Solutions, Added-Value Payment Solutions and Complementary retail tech solutions (CRTS).
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