Greenpro Capital Corp. (NASDAQ:GRNQ) Shares Shorted: Short Interest Up 67.3% in October

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

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on GRNQ. Wall Street Zen upgraded Greenpro Capital to a “hold” rating in a report on Saturday, October 24th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Greenpro Capital in a report on Thursday, October 15th. One investment 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 Price Performance

NASDAQ:GRNQ opened at $5.84 on Tuesday. The firm has a market capitalization of $10.59 million, a price-to-earnings ratio of -1.62 and a beta of 0.90. The company’s 50-day moving average is $10.01 and its two-hundred day moving average is $15.78. Greenpro Capital has a 1-year low of $5.51 and a 1-year high of $31.80.

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.