Genius Group Limited (NYSEAMERICAN:GNS) Short Interest Update

Genius Group Limited (NYSEAMERICAN:GNS) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 9,540,557 shares, a decrease of 58.8% from the May 31st total of 23,135,794 shares. Based on an average daily trading volume, of 8,273,261 shares, the short-interest ratio is currently 1.2 days. Approximately 10.0% of the company’s shares are short sold.

Institutional Trading of Genius Group

A number of hedge funds and other institutional investors have recently modified their holdings of GNS. XTX Topco Ltd acquired a new position in Genius Group in the fourth quarter valued at about $26,000. Jane Street Group LLC acquired a new stake in shares of Genius Group during the second quarter valued at about $49,000. Finally, Virtu Financial LLC increased its position in shares of Genius Group by 41.8% during the fourth quarter. Virtu Financial LLC now owns 175,109 shares of the company’s stock valued at $101,000 after acquiring an additional 51,637 shares during the last quarter. 14.28% of the stock is owned by institutional investors and hedge funds.

Genius Group Stock Down 0.7%

Shares of GNS stock traded down $0.00 during trading on Tuesday, hitting $0.19. 4,195,220 shares of the stock traded hands, compared to its average volume of 7,333,100. The firm’s fifty day moving average price is $0.25 and its 200-day moving average price is $0.41. Genius Group has a 52-week low of $0.18 and a 52-week high of $1.92.

Genius Group (NYSEAMERICAN:GNS) last issued its quarterly earnings data on Saturday, February 14th. The company reported ($0.10) earnings per share for the quarter. The company had revenue of $2.83 million during the quarter. On average, equities research analysts anticipate that Genius Group will post -0.04 EPS for the current year.

Genius Group declared that its Board of Directors has approved a stock buyback plan on Monday, June 8th that allows the company to repurchase 13,200,000 outstanding shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its stock is undervalued.

Genius Group Company Profile

Genius Group Ltd, trading on the NYSE American under the symbol GNS, is a global education technology company focused on entrepreneurial learning and development. Headquartered in Singapore, the company designs and delivers digital platforms, content and community experiences aimed at helping individuals and small businesses grow their skills, networks and ventures. Through its flagship learning ecosystem, Genius Group provides on-demand courses, coaching programs and live events that span topics from startup fundamentals and digital marketing to leadership and personal well-being.

At the core of the business is GeniusU, an online learning and networking platform that connects entrepreneurs with tailored educational pathways, mentor support and peer groups.