YY Group Holding Limited (NASDAQ:YYGH) Short Interest Update

YY Group Holding Limited (NASDAQ:YYGH) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 64,023 shares, a decrease of 51.0% from the April 30th total of 130,554 shares. Currently, 4.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 488,317 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On YY Group

An institutional investor recently raised its position in YY Group stock. Virtu Financial LLC raised its holdings in shares of YY Group Holding Limited (NASDAQ:YYGH) by 213.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 152,956 shares of the company’s stock after purchasing an additional 104,141 shares during the quarter. Virtu Financial LLC owned 0.27% of YY Group worth $31,000 as of its most recent SEC filing.

YY Group Stock Down 19.5%

NASDAQ:YYGH traded down $0.04 during mid-day trading on Tuesday, hitting $0.15. 5,275,491 shares of the company’s stock were exchanged, compared to its average volume of 10,258,573. The company has a 50 day simple moving average of $1.05 and a 200-day simple moving average of $7.04. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.13. YY Group has a fifty-two week low of $0.17 and a fifty-two week high of $172.50.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Weiss Ratings downgraded shares of YY Group from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, April 27th. Wall Street Zen upgraded shares of YY Group to a “sell” rating in a research note on Saturday, April 18th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

YY Group Company Profile

YY Group Holding Limited, a data and technology driven company, provides manpower outsourcing and cleaning services in Singapore and Malaysia. Its cleaning services include commercial cleaning for offices and schools; hospitality cleaning for hotels and shopping centers; industrial cleaning, facade cleaning, disinfection, and stewarding services for meetings, incentives, conferences, and exhibitions, as well as banquets; and pest control services. The company also offers cleaning robots and machines to enhance cleaning performance by deploying them at designated premises.