Greenpro Capital Corp. (NASDAQ:GRNQ) Short Interest Update

Greenpro Capital Corp. (NASDAQ:GRNQ) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 9,510 shares, an increase of 31.6% from the February 26th total of 7,228 shares. Based on an average trading volume of 23,215 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On Greenpro Capital

Hedge funds and other institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC lifted its holdings in shares of Greenpro Capital by 7.7% during the 4th quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock valued at $143,000 after buying an additional 5,656 shares during the last quarter. DRW Securities LLC acquired a new position in Greenpro Capital in the fourth quarter worth approximately $30,000. Finally, Susquehanna International Group LLP acquired a new position in Greenpro Capital in the third quarter worth approximately $34,000. 0.87% of the stock is owned by hedge funds and other institutional investors.

Greenpro Capital Stock Performance

Shares of NASDAQ:GRNQ traded up $0.24 during midday trading on Friday, hitting $2.72. 95,995 shares of the stock were exchanged, compared to its average volume of 22,860. Greenpro Capital has a 52-week low of $0.83 and a 52-week high of $3.05. The business’s fifty day simple moving average is $1.89 and its two-hundred day simple moving average is $1.69. The company has a market capitalization of $23.47 million, a PE ratio of -17.00 and a beta of 1.56.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Greenpro Capital in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Greenpro Capital currently has an average rating of “Sell”.

Greenpro Capital Company Profile

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.