Greenpro Capital Corp. (NASDAQ:GRNQ) Sees Significant Growth in Short Interest

Greenpro Capital Corp. (NASDAQ:GRNQ) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 6,783 shares, an increase of 67.3% from the September 30th total of 4,054 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average trading volume of 71,065 shares, the short-interest ratio is currently 0.1 days.

Greenpro Capital Stock Performance

Greenpro Capital stock opened at $6.67 on Monday. The stock has a market cap of $12.07 million, a P/E ratio of -1.85 and a beta of 0.51. Greenpro Capital has a fifty-two week low of $5.51 and a fifty-two week high of $31.80. The firm’s fifty day moving average price is $10.13 and its 200-day moving average price is $15.83.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Wall Street Zen raised Greenpro Capital to a “hold” rating in a research report on Saturday, October 24th. Weiss Ratings reissued a “sell (d-)” rating on shares of Greenpro Capital in a research report on Thursday, October 15th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Greenpro Capital Company Profile

Greenpro Capital Corp. (NASDAQ:GRNQ) is a Hong Kong-based business consulting and financial services company that provides corporate advisory and business solutions to clients, particularly in Asia. Its services are designed to help companies establish, manage, and expand their operations across international markets.

The company’s activities have included corporate structuring, accounting and financial reporting support, tax planning, business consulting, and assistance with cross-border transactions.