Ohmyhome Limited (NASDAQ:OMH) Sees Large Growth in Short Interest

Ohmyhome Limited (NASDAQ:OMH) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 743,514 shares, a growth of 230.1% from the July 15th total of 225,212 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily volume of 67,148,456 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Ohmyhome in a research report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Ohmyhome currently has an average rating of “Sell”.

Ohmyhome Trading Down 4.4%

NASDAQ:OMH traded down $0.00 during trading hours on Friday, reaching $0.09. The company had a trading volume of 5,431,710 shares, compared to its average volume of 63,896,680. Ohmyhome has a 1-year low of $0.07 and a 1-year high of $2.19. The business’s 50 day moving average price is $0.41 and its 200-day moving average price is $0.88.

Ohmyhome Company Profile

Ohmyhome (NASDAQ: OMH) is a Singapore-based property technology company offering an integrated online platform for residential real estate transactions. The company’s core business focuses on simplifying the home-buying, selling and renting process through a combination of digital tools and professional agent support. Its platform features end-to-end solutions that guide users from property search and valuation to mortgage facilitation and post-sale services such as renovation and furnishing.

Through its website and mobile application, Ohmyhome connects homeowners, buyers and tenants with a network of licensed agents who provide personalized advisory services.