Perfect Corp. (NYSE:PERF) Short Interest Up 52.3% in December

Perfect Corp. (NYSE:PERF) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 33,988 shares, a growth of 52.3% from the November 30th total of 22,320 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 82,916 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 82,916 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the company’s shares are short sold.

Perfect Stock Down 2.6%

Shares of NYSE:PERF traded down $0.05 during trading on Wednesday, reaching $1.72. 44,173 shares of the company’s stock traded hands, compared to its average volume of 171,645. The firm has a market cap of $145.88 million, a PE ratio of 34.31, a P/E/G ratio of 2.24 and a beta of 0.46. Perfect has a fifty-two week low of $1.51 and a fifty-two week high of $3.44. The company has a 50-day simple moving average of $1.82 and a 200-day simple moving average of $1.98.

Perfect (NYSE:PERF) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $0.02 EPS for the quarter. Perfect had a net margin of 8.48% and a return on equity of 3.55%. The company had revenue of $18.66 million during the quarter, compared to analyst estimates of $17.66 million.

Institutional Investors Weigh In On Perfect

Large investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets lifted its stake in Perfect by 164.1% during the third quarter. BNP Paribas Financial Markets now owns 34,595 shares of the company’s stock worth $65,000 after purchasing an additional 21,495 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake 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 acquiring an additional 15,754 shares in the last quarter. GSA Capital Partners LLP boosted its holdings 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. Finally, Heron Bay Capital Management acquired a new position in Perfect in the 2nd quarter valued at about $27,000.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Wall Street Zen upgraded shares of Perfect from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Weiss Ratings reissued a “sell (d)” rating on shares of Perfect in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Perfect presently has an average rating of “Sell”.

Perfect Company Profile

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.