Global Blue Group Holding AG (NYSE:GB) Short Interest Update

Global Blue Group Holding AG (NYSE:GB) was the target of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 96,000 shares, an increase of 8.8% from the May 15th total of 88,200 shares. Based on an average daily volume of 25,900 shares, the short-interest ratio is presently 3.7 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Sei Investments Co. raised its position in shares of Global Blue Group by 4.1% in the 1st quarter. Sei Investments Co. now owns 100,789 shares of the company’s stock worth $528,000 after acquiring an additional 4,000 shares in the last quarter. Scalar Gauge Management LLC bought a new stake in Global Blue Group in the fourth quarter worth approximately $1,083,000. Allspring Global Investments Holdings LLC boosted its holdings in shares of Global Blue Group by 2.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 288,224 shares of the company’s stock worth $1,363,000 after buying an additional 6,377 shares in the last quarter. Armistice Capital LLC boosted its holdings in shares of Global Blue Group by 1.2% during the 4th quarter. Armistice Capital LLC now owns 1,214,475 shares of the company’s stock worth $5,744,000 after buying an additional 14,600 shares in the last quarter. Finally, WCM Investment Management LLC grew its position in shares of Global Blue Group by 3.9% during the 1st quarter. WCM Investment Management LLC now owns 1,920,343 shares of the company’s stock worth $10,063,000 after buying an additional 71,326 shares during the period. Institutional investors and hedge funds own 89.66% of the company’s stock.

Global Blue Group Stock Performance

NYSE:GB opened at $4.54 on Wednesday. The stock’s 50-day moving average is $4.94 and its 200-day moving average is $4.78. The stock has a market cap of $861.96 million, a P/E ratio of 64.86 and a beta of 0.41. Global Blue Group has a 1-year low of $4.01 and a 1-year high of $6.35. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 8.36.

Global Blue Group (NYSE:GB) last issued its quarterly earnings results on Wednesday, June 5th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). The business had revenue of $114.26 million for the quarter, compared to analyst estimates of $112.38 million. Global Blue Group had a return on equity of 61.46% and a net margin of 3.29%. During the same quarter last year, the firm posted ($0.01) EPS. Equities research analysts anticipate that Global Blue Group will post 0.3 earnings per share for the current year.

Global Blue Group Company Profile

Global Blue Group Holding AG, together with its subsidiaries, provides technology-enabled transaction processing services for merchants, banks, acquirers, governments, and travelers in Europe, the Asia Pacific, and internationally. The company operates in three segments: Tax Free Shopping Technology Solutions (TFSS), Added-Value Payment Solutions (AVPS), and Retail Tech Solutions (RTS).