Geox S.p.A. (OTCMKTS:GXSBF – Get Free Report) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 936,391 shares, a growth of 185.7% from the June 30th total of 327,794 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Geox Stock Performance
Shares of OTCMKTS GXSBF opened at $0.34 on Monday. The stock’s fifty day simple moving average is $0.34 and its 200 day simple moving average is $0.38. Geox has a 52-week low of $0.34 and a 52-week 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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