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

Greenpro Capital Corp. (NASDAQ:GRNQ) was the target of a large 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. Based on an average daily volume of 14,769 shares, the short-interest ratio is presently 1.5 days. Currently, 0.5% of the shares of the company are sold short. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 14,769 shares, the short-interest ratio is presently 1.5 days.

Analysts Set New Price Targets

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

Greenpro Capital Stock Up 3.8%

GRNQ traded up $0.07 during trading on Friday, hitting $1.80. The company’s stock had a trading volume of 7,849 shares, compared to its average volume of 14,427. Greenpro Capital has a twelve month low of $0.83 and a twelve month high of $2.50. The business’s fifty day simple moving average is $1.71 and its 200 day simple moving average is $1.63.

Greenpro Capital (NASDAQ:GRNQ) last announced its earnings results on Thursday, November 13th. The company reported ($0.07) earnings per share 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 for the quarter.

Institutional Trading of Greenpro Capital

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

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.