Greenpro Capital Corp. (NASDAQ:GRNQ) Short Interest Update

Greenpro Capital Corp. (NASDAQ:GRNQ) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 6,511 shares, a decrease of 60.9% from the April 30th total of 16,643 shares. Based on an average daily volume of 13,810 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Greenpro Capital in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Insiders Place Their Bets

In related news, CEO Chong Kuang Lee purchased 107,310 shares of Greenpro Capital stock in a transaction on Tuesday, April 28th. The stock was purchased at an average cost of $2.33 per share, with a total value of $250,032.30. Following the acquisition, the chief executive officer directly owned 1,846,344 shares in the company, valued at approximately $4,301,981.52. This trade represents a 6.17% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 39.67% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Greenpro Capital

A number of hedge funds have recently made changes to their positions in GRNQ. Susquehanna International Group LLP acquired a new position in shares of Greenpro Capital in the 3rd quarter valued at $34,000. DRW Securities LLC acquired a new position in shares of Greenpro Capital in the 4th quarter valued at $30,000. Finally, Geode Capital Management LLC raised its stake in shares of Greenpro Capital by 7.7% in the 4th quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock valued at $143,000 after buying an additional 5,656 shares in the last quarter. Institutional investors and hedge funds own 0.87% of the company’s stock.

Greenpro Capital Price Performance

Shares of Greenpro Capital stock opened at $1.44 on Friday. Greenpro Capital has a fifty-two week low of $1.03 and a fifty-two week high of $3.18. The firm has a fifty day moving average price of $2.27 and a two-hundred day moving average price of $1.93. The company has a market cap of $25.96 million, a PE ratio of -3.69 and a beta of 1.13.

Greenpro Capital (NASDAQ:GRNQ) last announced its quarterly earnings data on Friday, May 8th. The company reported ($0.10) earnings per share (EPS) for the quarter. Greenpro Capital had a negative net margin of 153.32% and a negative return on equity of 31.13%. The business had revenue of $0.41 million during the quarter.

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.