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

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

Institutional Investors Weigh In On Greenpro Capital

A number of large investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its stake in 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 last quarter. Susquehanna International Group LLP purchased a new position in shares of Greenpro Capital during the 3rd quarter valued at about $34,000. Finally, DRW Securities LLC bought a new stake in Greenpro Capital in the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 0.87% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Greenpro Capital in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Greenpro Capital Trading Up 0.6%

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

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 net margin of 41.16% and a negative return on equity of 25.31%.

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.