Perfect Corp. (NYSE:PERF) Short Interest Down 84.6% in May

Perfect Corp. (NYSE:PERF) saw a significant decline in short interest in May. As of May 15th, there was short interest totaling 13,100 shares, a decline of 84.6% from the April 30th total of 84,865 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 91,420 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. BNP Paribas Financial Markets acquired a new stake in shares of Perfect during the second quarter worth about $30,000. Dimensional Fund Advisors LP raised its position in Perfect by 63.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 40,477 shares of the company’s stock worth $76,000 after buying an additional 15,754 shares during the last quarter. GSA Capital Partners LLP lifted its stake in Perfect by 222.8% during the 3rd quarter. GSA Capital Partners LLP now owns 62,315 shares of the company’s stock valued at $117,000 after acquiring an additional 43,013 shares during the period. Credit Industriel ET Commercial acquired a new stake in Perfect during the 1st quarter valued at approximately $338,000. Finally, Groupe la Francaise purchased a new stake in shares of Perfect in the 1st quarter valued at $507,000.

Wall Street Analysts Forecast Growth

PERF has been the topic of a number of recent research reports. Noble Financial downgraded Perfect from an “outperform” rating to a “market perform” rating in a research report on Wednesday, April 29th. Weiss Ratings reiterated a “sell (d)” rating on shares of Perfect in a research note on Tuesday, April 21st. Finally, Freedom Capital cut shares of Perfect from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 30th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce”.

Perfect Price Performance

Perfect stock traded up $0.01 during mid-day trading on Thursday, reaching $1.69. 13,169 shares of the company traded hands, compared to its average volume of 159,285. Perfect has a fifty-two week low of $1.24 and a fifty-two week high of $2.67. The company has a market capitalization of $172.13 million, a price-to-earnings ratio of 33.81, a price-to-earnings-growth ratio of 1.60 and a beta of 0.28. The firm’s fifty day moving average is $1.67 and its two-hundred day moving average is $1.66.

Perfect (NYSE:PERF) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.02 EPS for the quarter, topping the consensus estimate of $0.01 by $0.01. Perfect had a net margin of 6.62% and a return on equity of 3.02%. The business had revenue of $17.94 million during the quarter. As a group, equities research analysts predict that Perfect will post 0.06 earnings per share for the current year.

About Perfect

Perfect Corp (NYSE: PERF) is a technology company specializing in beauty and personal care solutions. The company develops AI- and AR-driven platforms that enable virtual product try-on, personalized skincare analysis and digital marketing tools for cosmetics brands and retailers. Its software as a service (SaaS) offerings allow users to preview makeup and skincare products in real time, drive customer engagement across e-commerce and social media channels, and collect data-driven insights into consumer preferences.

The core products include virtual try-on applications, skin diagnostic tools and AI-powered recommendation engines.