Greenpro Capital Corp. (NASDAQ:GRNQ) Short Interest Down 48.9% in December

Greenpro Capital Corp. (NASDAQ:GRNQ) was the target of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 22,707 shares, a decrease of 48.9% from the December 15th total of 44,424 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily volume of 14,769 shares, the days-to-cover ratio is presently 1.5 days. Based on an average daily volume of 14,769 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.5% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Greenpro Capital in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Greenpro Capital currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Greenpro Capital

An institutional investor recently bought a new position in Greenpro Capital stock. Susquehanna International Group LLP bought a new stake in shares of Greenpro Capital Corp. (NASDAQ:GRNQ) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 24,954 shares of the company’s stock, valued at approximately $34,000. Susquehanna International Group LLP owned approximately 0.30% of Greenpro Capital at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.87% of the company’s stock.

Greenpro Capital Price Performance

NASDAQ:GRNQ traded down $0.01 during mid-day trading on Thursday, reaching $1.76. The stock had a trading volume of 8,893 shares, compared to its average volume of 18,059. The stock has a market cap of $14.70 million, a P/E ratio of -10.97 and a beta of 1.56. The business’s 50 day moving average is $1.70 and its 200 day moving average is $1.62. Greenpro Capital has a fifty-two week low of $0.83 and a fifty-two week high of $2.50.

Greenpro Capital (NASDAQ:GRNQ) last posted its earnings results on Thursday, November 13th. The company reported ($0.07) EPS for the quarter. Greenpro Capital had a negative return on equity of 25.31% and a negative net margin of 41.16%.The business had revenue of $0.39 million during the quarter.

About Greenpro Capital

Greenpro Capital Corp. provides financial consulting and corporate advisory services to small and medium-size businesses primarily in Hong Kong, Malaysia, and China. It operates in two segments, Service Business and Real Estate Business. The company offers business consulting and corporate advisory services, including cross-border listing advisory, tax planning, bookkeeping, advisory and transaction, record management, and accounting outsourcing services; and venture capital related education and support services.