GlobalSCAPE, Inc. (NYSEAMERICAN:GSB) Short Interest Down 18.1% in June

GlobalSCAPE, Inc. (NYSEAMERICAN:GSB) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totalling 193,500 shares, a decline of 18.1% from the May 30th total of 236,300 shares. Currently, 1.8% of the shares of the company are short sold. Based on an average daily trading volume, of 116,200 shares, the days-to-cover ratio is currently 1.7 days.

Separately, TheStreet raised shares of Exantas Capital from a “d+” rating to a “c” rating in a research report on Thursday, May 2nd.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC increased its position in shares of GlobalSCAPE by 58.2% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 19,036 shares of the technology company’s stock valued at $121,000 after purchasing an additional 7,004 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of GlobalSCAPE by 6.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 284,447 shares of the technology company’s stock valued at $1,274,000 after purchasing an additional 17,456 shares during the last quarter. Advisory Services Network LLC increased its position in shares of GlobalSCAPE by 55.6% during the 1st quarter. Advisory Services Network LLC now owns 14,000 shares of the technology company’s stock valued at $89,000 after purchasing an additional 5,000 shares during the last quarter. Finally, Spark Investment Management LLC increased its position in shares of GlobalSCAPE by 19.6% during the 1st quarter. Spark Investment Management LLC now owns 32,900 shares of the technology company’s stock valued at $208,000 after purchasing an additional 5,400 shares during the last quarter.

NYSEAMERICAN GSB opened at $9.54 on Friday. GlobalSCAPE has a 52 week low of $3.20 and a 52 week high of $10.98.

GlobalSCAPE (NYSEAMERICAN:GSB) last released its quarterly earnings results on Monday, April 29th. The technology company reported $0.14 EPS for the quarter. The business had revenue of $9.40 million for the quarter.

About GlobalSCAPE

GlobalSCAPE, Inc, together with its subsidiaries, develops and distributes software, delivers managed and hosted solutions, and provides associated services for secure information exchange, and data transfer and sharing for enterprises and consumers worldwide. It offers managed file transfer solutions, including enhanced file transfer platforms; and Mail Express solution that enable users to send and receive encrypted email and attachments of unlimited size.

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