Short Interest in Greenpro Capital Corp. (NASDAQ:GRNQ) Decreases By 25.6%

Greenpro Capital Corp. (NASDAQ:GRNQ) was the recipient of a significant drop in short interest in January. As of January 30th, there was short interest totaling 6,648 shares, a drop of 25.6% from the January 15th total of 8,934 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 22,866 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 22,866 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Greenpro Capital Price Performance

GRNQ opened at $1.71 on Friday. The stock’s 50 day simple moving average is $1.77 and its 200 day simple moving average is $1.60. Greenpro Capital has a 1 year low of $0.83 and a 1 year high of $2.50. The firm has a market cap of $14.33 million, a price-to-earnings ratio of -10.69 and a beta of 1.57.

Greenpro Capital (NASDAQ:GRNQ) last announced its quarterly earnings data on Thursday, November 13th. The company reported ($0.07) earnings per share for the quarter. Greenpro Capital had a negative net margin of 41.16% and a negative return on equity of 25.31%. The company had revenue of $0.39 million during the quarter.

Institutional Investors Weigh In On Greenpro Capital

Several institutional investors have recently added to or reduced their stakes in the company. Susquehanna International Group LLP bought a new stake in Greenpro Capital in the 3rd quarter worth $34,000. Geode Capital Management LLC boosted its holdings in shares of Greenpro Capital by 7.7% during the fourth quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock worth $143,000 after purchasing an additional 5,656 shares during the period. Finally, DRW Securities LLC bought a new stake in shares of Greenpro Capital in the fourth quarter worth about $30,000. Hedge funds and other institutional investors own 0.87% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Greenpro Capital in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

About Greenpro Capital

Greenpro Capital Corp. provides financial consulting and corporate advisory services to small and medium-size businesses primarily in Hong Kong, Malaysia, and China. It operates in two segments, Service Business and Real Estate Business. The company offers business consulting and corporate advisory services, including cross-border listing advisory, tax planning, bookkeeping, advisory and transaction, record management, and accounting outsourcing services; and venture capital related education and support services.