Could Globalscape Inc (NYSEAMERICAN:GSB) Go Down After Its Newest Short Interest Report?

GlobalSCAPE, Inc. (NYSEAMERICAN:GSB) Logo

The stock of Globalscape Inc (NYSEAMERICAN:GSB) registered a decrease of 25.68% in short interest. GSB’s total short interest was 5,500 shares in May as published by FINRA. Its down 25.68% from 7,400 shares, reported previously. With 27,400 shares average volume, it will take short sellers 0 days to cover their GSB’s short positions. The short interest to Globalscape Inc’s float is 0.07%.

The stock increased 1.43% or $0.13 during the last trading session, reaching $9.22. About 77,592 shares traded. GlobalSCAPE, Inc. (NYSEAMERICAN:GSB) has risen 69.54% since May 31, 2018 and is uptrending. It has outperformed by 65.17% the S&P500.

GlobalSCAPE, Inc., together with its subsidiaries, develops and distributes software, delivers managed and hosted solutions, and provides associated services for secure information exchange, and file transfer and sharing for enterprises and clients worldwide. The company has market cap of $158.76 million. It offers managed file transfer solutions, including enhanced file transfer platforms; and Mail Express solution that enable users to send and receive encrypted e-mail and attachments of unlimited size. It has a 26.65 P/E ratio. The firm also provides Wide Area File Services Solution that enables to replicate, share, and backup files within a wide or local area network; and CuteFTP, a file transfer program for individuals and small businesses.

More notable recent GlobalSCAPE, Inc. (NYSEAMERICAN:GSB) news were published by: Bizjournals.com which released: “Globalscape posts improved first-quarter earnings – San Antonio Business Journal” on May 13, 2019, also Businesswire.com with their article: “GlobalSCAPE Announces Plan to Launch Modified Dutch Auction Tender Offer – Business Wire” published on August 20, 2018, Finance.Yahoo.com published: “CIO Bulletin Names Globalscape One of the 30 Most Valuable Companies to Watch in 2019 – Yahoo Finance” on May 07, 2019. More interesting news about GlobalSCAPE, Inc. (NYSEAMERICAN:GSB) were released by: Prnewswire.com and their article: “GlobalSCAPE Announces Unexpected Passing of CEO – PRNewswire” published on April 01, 2019 as well as Businesswire.com‘s news article titled: “GlobalSCAPE, Inc. Achieves Standard Tier Technology Partner Status in AWS Partner Network, Boosts Power of EFT in the Cloud – Business Wire” with publication date: October 31, 2017.

GlobalSCAPE, Inc. (NYSEAMERICAN:GSB) Institutional Positions Chart

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