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

Global Blue Group Holding AG (NYSE:GB - Get Free Report) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 125,900 shares, a growth of 48.5% from the February 28th total of 84,800 shares. Approximately 0.3% of the company's shares are short sold. Based on an average daily volume of 619,300 shares, the short-interest ratio is currently 0.2 days.

Global Blue Group Stock Up 0.1 %

NYSE:GB traded up $0.01 during trading hours on Thursday, hitting $7.39. 39,387 shares of the company's stock traded hands, compared to its average volume of 644,843. Global Blue Group has a twelve month low of $4.29 and a twelve month high of $8.00. The firm has a market cap of $1.47 billion, a P/E ratio of 35.19 and a beta of 0.41. The company has a debt-to-equity ratio of 5.30, a quick ratio of 1.00 and a current ratio of 1.00. The stock's fifty day moving average price is $7.14 and its two-hundred day moving average price is $6.42.

Analyst Ratings Changes

Separately, Oppenheimer downgraded shares of Global Blue Group from an "outperform" rating to a "market perform" rating in a research note on Thursday, February 27th.

Institutional Trading of Global Blue Group

Institutional investors have recently made changes to their positions in the stock. WCM Investment Management LLC lifted its position in Global Blue Group by 3.0% in the 4th quarter. WCM Investment Management LLC now owns 1,990,631 shares of the company's stock worth $13,437,000 after buying an additional 57,889 shares in the last quarter. Scalar Gauge Management LLC grew its holdings in shares of Global Blue Group by 17.5% during the 4th quarter. Scalar Gauge Management LLC now owns 339,651 shares of the company's stock valued at $2,354,000 after acquiring an additional 50,668 shares in the last quarter. Atom Investors LP increased its stake in shares of Global Blue Group by 20.2% in the third quarter. Atom Investors LP now owns 75,001 shares of the company's stock worth $410,000 after acquiring an additional 12,625 shares during the last quarter. Independent Advisor Alliance purchased a new stake in shares of Global Blue Group during the third quarter worth $229,000. Finally, Bank of America Corp DE acquired a new stake in Global Blue Group during the fourth quarter valued at $1,200,000. 89.66% of the stock is currently owned by institutional investors and hedge funds.

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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).