Company Description
Glassbridge (OTC Link: GLAE) is a publicly traded asset management company in the Financial Services sector. The company has a market capitalization of $755.1K.
GLAE stock has declined 9.7% over the past year. Shares last traded at $28.00.
On a trailing twelve-month basis, Glassbridge reported revenue of $100K with net income of -$3.0M. The company operates at a net profit margin of -3000.0%.
This page provides a comprehensive overview of GLAE stock, including real-time price data, latest news, SEC filings, insider trading activity, financial highlights, upcoming events, and short interest trends.
Stock Performance
Glassbridge (GLAE) stock last traded at $28.00. Over the past 12 months, the stock has lost 9.7%. At a market capitalization of $755.1K, GLAE is classified as a micro-cap stock with approximately 25.2K shares outstanding.
Latest News
Glassbridge has 1 recent news article. Key topics include management. View all GLAE news →
SEC Filings
Financial Highlights
Glassbridge generated $100K in revenue over the trailing twelve months, operating income reached -$3.0M (-3000.0% operating margin), and net income was -$3.0M, reflecting a -3000.0% net profit margin. The company generated -$2.7M in operating cash flow. With a current ratio of 0.81, short-term liquidity bears monitoring.
Upcoming Events
Short Interest History
Short interest in Glassbridge (GLAE) currently stands at 35 shares, down 2.8% from the previous reporting period, representing 0.1% of the float. This relatively low short interest suggests limited bearish sentiment. With 1000.0 days to cover, it would take significant time for short sellers to close their positions based on average trading volume.
Days to Cover History
Days to cover for Glassbridge (GLAE) currently stands at 1000.0 days. This elevated days-to-cover ratio indicates it would take over two weeks of average trading volume for short sellers to exit their positions, suggesting potential for a short squeeze if positive news emerges. The days to cover has increased 11011% over the past year, indicating improving liquidity conditions. The ratio has shown significant volatility over the period, ranging from 1.4 to 1000.0 days.
GLAE Company Profile & Sector Positioning
Glassbridge (GLAE) operates in the Asset Management industry within the broader Financial Services sector and is listed on the OTC Link.
Investors comparing GLAE often look at related companies in the same sector, including Legion Cap (LGCP), Global Vision Hldgs (GVHIB), FUTUREGEN (RMANF), Nnrf Inc (NNRI), and Firsthand Technology Value Fund Inc (SVVC). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate GLAE's relative position within its industry.