YY Group Holding Limited (NASDAQ:YYGH) Short Interest Down 66.8% in January

YY Group Holding Limited (NASDAQ:YYGH) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 221,780 shares, a drop of 66.8% from the December 31st total of 668,345 shares. Based on an average daily volume of 399,505 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.4% of the shares of the stock are sold short. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 399,505 shares, the days-to-cover ratio is currently 0.6 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of YY Group in a research note on Tuesday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Institutional Investors Weigh In On YY Group

An institutional investor recently bought a new position in YY Group stock. Jane Street Group LLC purchased a new position in shares of YY Group Holding Limited (NASDAQ:YYGH) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,089 shares of the company’s stock, valued at approximately $27,000.

YY Group Stock Down 10.0%

YYGH stock opened at $0.22 on Friday. YY Group has a one year low of $0.20 and a one year high of $3.45. The firm’s 50 day moving average price is $0.23 and its 200-day moving average price is $0.86.

YY Group (NASDAQ:YYGH) last posted its earnings results on Monday, December 29th. The company reported ($0.10) EPS for the quarter. The business had revenue of $12.88 million during the quarter.

About YY Group

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.