Greenpro Capital Corp. (NASDAQ:GRNQ) Sees Significant Decrease in Short Interest

Greenpro Capital Corp. (NASDAQ:GRNQ) was the target of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 22,707 shares, a decrease of 48.9% from the December 15th total of 44,424 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average trading volume of 14,769 shares, the short-interest ratio is currently 1.5 days. Based on an average trading volume of 14,769 shares, the short-interest ratio is currently 1.5 days. Currently, 0.5% of the company’s stock are short sold.

Greenpro Capital Stock Down 0.3%

Shares of GRNQ stock traded down $0.01 during trading hours on Thursday, reaching $1.76. 8,893 shares of the company’s stock were exchanged, compared to its average volume of 18,059. Greenpro Capital has a fifty-two week low of $0.83 and a fifty-two week high of $2.50. The stock has a market capitalization of $14.70 million, a P/E ratio of -10.97 and a beta of 1.56. The business has a fifty day moving average price of $1.70 and a 200-day moving average price of $1.62.

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

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Greenpro Capital in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

Hedge Funds Weigh In On Greenpro Capital

An institutional investor recently bought a new position in Greenpro Capital stock. Susquehanna International Group LLP purchased a new stake in Greenpro Capital Corp. (NASDAQ:GRNQ) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 24,954 shares of the company’s stock, valued at approximately $34,000. Susquehanna International Group LLP owned approximately 0.30% of Greenpro Capital as of its most recent SEC filing. Institutional investors own 0.87% of the company’s stock.

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.