Ohmyhome Limited (NASDAQ:OMH) Short Interest Update

Ohmyhome Limited (NASDAQ:OMH) saw a significant decrease in short interest in January. As of January 30th, there was short interest totaling 197,203 shares, a decrease of 23.4% from the January 15th total of 257,547 shares. Currently, 8.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 169,814 shares, the short-interest ratio is currently 1.2 days. Based on an average daily trading volume, of 169,814 shares, the short-interest ratio is currently 1.2 days. Currently, 8.3% of the shares of the stock are sold short.

Ohmyhome Stock Down 3.4%

Shares of OMH stock traded down $0.05 during trading hours on Friday, reaching $1.40. 8,908 shares of the stock traded hands, compared to its average volume of 112,831. Ohmyhome has a 1-year low of $0.59 and a 1-year high of $4.46. The business has a fifty day moving average price of $1.15 and a 200 day moving average price of $1.15.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Ohmyhome in a research note on Thursday, January 22nd. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Ohmyhome has a consensus rating of “Reduce”.

About Ohmyhome

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.