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

Greenpro Capital Corp. (NASDAQ:GRNQ) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 12,481 shares, a growth of 79.7% from the May 31st total of 6,946 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 12,273 shares, the short-interest ratio is currently 1.0 days.

Insider Activity

In other Greenpro Capital news, CEO Chong Kuang Lee purchased 28,949 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The shares were acquired at an average price of $1.73 per share, for a total transaction of $50,081.77. Following the completion of the purchase, the chief executive officer owned 1,875,293 shares in the company, valued at $3,244,256.89. The trade was a 1.57% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 39.67% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in GRNQ. DRW Securities LLC bought a new stake in shares of Greenpro Capital in the 4th quarter valued at approximately $30,000. Susquehanna International Group LLP bought a new position in Greenpro Capital during the third quarter worth $34,000. Finally, Geode Capital Management LLC boosted its holdings in Greenpro Capital by 7.7% in 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. Institutional investors and hedge funds own 0.87% of the company’s stock.

Greenpro Capital Price Performance

Shares of GRNQ stock opened at $1.49 on Friday. The firm has a market cap of $26.94 million, a P/E ratio of -3.83 and a beta of 0.94. Greenpro Capital has a 1-year low of $1.21 and a 1-year high of $3.18. The firm has a fifty day moving average of $1.72 and a two-hundred day moving average of $1.91.

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

Analyst Ratings Changes

Separately, Weiss Ratings restated 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.com, the stock currently has an average rating of “Sell”.

Greenpro Capital Company Profile

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.