Ohmyhome Limited (NASDAQ:OMH) Short Interest Update

Ohmyhome Limited (NASDAQ:OMH) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 268,802 shares, a decline of 94.2% from the August 15th total of 4,662,663 shares. Currently, 15.9% of the company’s stock are sold short. Based on an average trading volume of 1,537,183 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Ratings Changes

Several brokerages have recently commented on OMH. Weiss Ratings restated a “sell (e+)” rating on shares of Ohmyhome in a research note on Friday, July 17th. Wall Street Zen upgraded shares of Ohmyhome to a “sell” rating in a report on Saturday, September 5th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Ohmyhome Stock Down 4.0%

OMH traded down $0.09 on Friday, hitting $2.16. The company had a trading volume of 69,877 shares, compared to its average volume of 917,105. The company’s fifty day moving average price is $9.11 and its 200 day moving average price is $34.81. Ohmyhome has a 1-year low of $2.05 and a 1-year high of $109.50.

Ohmyhome (NASDAQ:OMH) last released its quarterly earnings results on Thursday, September 10th. The company reported ($0.49) EPS for the quarter. The firm had revenue of $0.96 million for the quarter.

Ohmyhome Company Profile

Ohmyhome (NASDAQ: OMH) is a Singapore-based property technology company offering an integrated online platform for residential real estate transactions. The company’s core business focuses on simplifying the home-buying, selling and renting process through a combination of digital tools and professional agent support. Its platform features end-to-end solutions that guide users from property search and valuation to mortgage facilitation and post-sale services such as renovation and furnishing.

Through its website and mobile application, Ohmyhome connects homeowners, buyers and tenants with a network of licensed agents who provide personalized advisory services.