Geox S.p.A. (OTCMKTS:GXSBF – Get Free Report) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 327,794 shares, a drop of 65.0% from the June 15th total of 936,391 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.
Geox Price Performance
Shares of OTCMKTS:GXSBF remained flat at $0.34 during mid-day trading on Tuesday. The firm’s 50 day moving average is $0.34 and its 200 day moving average is $0.39. Geox has a one year low of $0.34 and a one year high of $0.42.
About Geox
Geox S.p.A., trading in the U.S. over the counter under the symbol GXSBF, is an Italian footwear and apparel company best known for its patented “breathable” sole technology. Founded in 1995 by Mario Moretti Polegato, the company developed a unique membrane that allows heat and moisture to escape without letting water in. This innovation has been applied primarily in casual and performance footwear for men, women and children.
Beyond its core footwear business, Geox has extended the use of its breathable technology into apparel, offering outerwear and active garments designed to regulate temperature and wick moisture.
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