GEE Group Inc (NYSEAMERICAN:JOB) Short Interest Update

GEE Group Inc (NYSEAMERICAN:JOB) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totalling 64,300 shares, a decline of 41.5% from the August 15th total of 109,900 shares. Based on an average daily volume of 2,050,000 shares, the days-to-cover ratio is currently 0.0 days.

NYSEAMERICAN JOB traded up $0.01 on Wednesday, hitting $1.01. 49,480 shares of the company’s stock were exchanged, compared to its average volume of 895,149. GEE Group has a fifty-two week low of $0.17 and a fifty-two week high of $2.49.

Separately, Alliance Global Partners dropped their price target on GEE Group from $2.50 to $1.75 and set a “buy” rating on the stock in a research report on Monday, August 17th.

A hedge fund recently raised its stake in GEE Group stock. Thrivent Financial for Lutherans grew its holdings in shares of GEE Group Inc (NYSEAMERICAN:JOB) by 35.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 496,145 shares of the company’s stock after purchasing an additional 128,627 shares during the period. Thrivent Financial for Lutherans owned approximately 3.53% of GEE Group worth $169,000 at the end of the most recent reporting period.

About GEE Group

GEE Group, Inc provides permanent and temporary professional, industrial, and physician assistant staffing and placement services in the United States. The company offers professional placement services comprising placement of information technology, engineering, medical, and accounting professionals on regular placement basis or a temporary contract basis; and weekly temporary staffing services for light industrial clients.

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