Perfect Corp. (NYSE:PERF) Sees Large Increase in Short Interest

Perfect Corp. (NYSE:PERF) was the target of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 118,065 shares, an increase of 19.8% from the January 15th total of 98,592 shares. Based on an average daily trading volume, of 89,714 shares, the short-interest ratio is currently 1.3 days. Based on an average daily trading volume, of 89,714 shares, the short-interest ratio is currently 1.3 days.

Wall Street Analyst Weigh In

Several equities research analysts have commented on PERF shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Perfect in a research report on Thursday, January 22nd. Wall Street Zen downgraded shares of Perfect from a “buy” rating to a “hold” rating in a research report on Friday, January 23rd. One analyst has rated the stock with a Sell rating, According to MarketBeat, Perfect has a consensus rating of “Sell”.

Perfect Price Performance

Shares of NYSE:PERF traded down $0.07 during midday trading on Tuesday, hitting $1.42. 79,039 shares of the stock were exchanged, compared to its average volume of 108,050. Perfect has a 52-week low of $1.35 and a 52-week high of $2.67. The business’s fifty day simple moving average is $1.67 and its two-hundred day simple moving average is $1.83.

Institutional Investors Weigh In On Perfect

Several institutional investors and hedge funds have recently modified their holdings of PERF. Heron Bay Capital Management acquired a new position in Perfect during the second quarter worth $27,000. BNP Paribas Financial Markets acquired a new position in shares of Perfect during the 2nd quarter valued at about $30,000. Dimensional Fund Advisors LP raised its stake in shares of Perfect by 63.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 40,477 shares of the company’s stock valued at $76,000 after acquiring an additional 15,754 shares in the last quarter. GSA Capital Partners LLP lifted its holdings in Perfect by 222.8% in the 3rd quarter. GSA Capital Partners LLP now owns 62,315 shares of the company’s stock worth $117,000 after purchasing an additional 43,013 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in Perfect by 13.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,938,529 shares of the company’s stock worth $7,129,000 after purchasing an additional 464,702 shares during the last quarter.

About Perfect

Perfect Corp (NYSE: PERF) is a technology company specializing in beauty and personal care solutions. The company develops AI- and AR-driven platforms that enable virtual product try-on, personalized skincare analysis and digital marketing tools for cosmetics brands and retailers. Its software as a service (SaaS) offerings allow users to preview makeup and skincare products in real time, drive customer engagement across e-commerce and social media channels, and collect data-driven insights into consumer preferences.

The core products include virtual try-on applications, skin diagnostic tools and AI-powered recommendation engines.