Perfect Corp. (NYSE:PERF) Short Interest Update

Perfect Corp. (NYSE:PERF) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 204,300 shares, anincreaseof213.8% from the July 15th total of 65,100 shares. Currently,0.7% of the shares of the stock are sold short. Based on an average trading volume of 250,400 shares, the short-interest ratio is presently 0.8 days. Based on an average trading volume of 250,400 shares, the short-interest ratio is presently 0.8 days. Currently,0.7% of the shares of the stock are sold short.

Perfect Stock Performance

PERF stock opened at $1.90 on Monday. The firm has a market cap of $161.61 million, a P/E ratio of 31.67, a price-to-earnings-growth ratio of 2.98 and a beta of 0.46. Perfect has a 12 month low of $1.51 and a 12 month high of $3.44. The company has a 50-day simple moving average of $2.15.

Institutional Trading of Perfect

An institutional investor recently bought a new position in Perfect stock. Heron Bay Capital Management acquired a new position in shares of Perfect Corp. (NYSE:PERF) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 11,765 shares of the company’s stock, valued at approximately $27,000.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded shares of Perfect from a “buy” rating to a “hold” rating in a research report on Saturday, August 2nd.

Perfect Company Profile

Perfect Corp. is a software as a service technology company, which engages in the business of developing makeup virtual try-on solutions. Its solutions include virtual try-ons for makeup, nail art, hairstyles, beard dye and styling, eyewear, jewelry, advanced skin diagnostic technology, foundation shade finder, and interactive artificial reality makeup application tutorial platform.