Sharp decrease in GSIT’s short interest leads to decline in days-to-cover ratio

Jaxson Clark

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. GSI Technology Inc shares valued at $1,223,824 were sold by Akerib Avidan on Nov 04 ’25. At $9.05 per share, Akerib Avidan sold 135,286 shares. The insider’s holdings dropped to 23,307 shares worth approximately $0.21 million following the completion of this transaction.

Also, Akerib Avidan sold 54,732 shares, netting a total of over 467,510 in proceeds. Following the sale of shares at $8.54 each, the insider now holds 23,307 shares.

Before that, Akerib Avidan had added 190,000 shares to its account. In a trade valued at $1,729,000, the Officer bought GSI Technology Inc shares for $9.10 each.

As published in a research note from Needham on October 28, 2011, GSI Technology Inc [GSIT] has been rated down from a Buy to a Hold. Analysts at Robert W. Baird upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in mid April. As of February 06, 2009, Needham has reiterated its “Buy” rating for GSIT. Earlier on December 05, 2008, Robert W. Baird downgraded its rating. Their new recommendation was “a Neutral” for GSIT stock which previously was a “an Outperform”.

Analyzing GSIT Stock Performance

On last trading session, GSI Technology Inc [NASDAQ: GSIT] rose 2.51% to $8.98. The stock’s lowest price that day was $8.03, but it reached a high of $9.01 in the same session. During the last five days, there has been a drop of approximately -22.59%. Over the course of the year, GSI Technology Inc shares have jumped approximately 185.08%. Shares of the company reached a 52-week high of $18.15 on 10/20/25 and a 52-week low of $1.62 on 04/07/25.

Support And Resistance Levels for GSI Technology Inc (GSIT)

According to the 24-hour chart, there is a support level at 8.33, which, if violated, would cause prices to drop to 7.69. In the upper region, resistance lies at 9.32. The next price resistance is at 9.67. RSI (Relative Strength Index) is 53.24 on the 14-day chart, showing neutral technical sentiment.

Is GSI Technology Inc subject to short interest?

Stocks of GSI Technology Inc saw a sharp steep in short interest on 2025-10-15 dropping by 29110.0 shares to 0.21 million. Data from Yahoo Finance shows that the short interest on 2025-09-15 was 0.24 million shares. A decline of -13.77% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 0.84 of the overall float, the days-to-cover ratio (short ratio) decline to 0.84.

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