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

Greenpro Capital Corp. (NASDAQ:GRNQ) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 1,543 shares, a decline of 87.0% from the July 30th total of 11,895 shares. Based on an average trading volume of 3,748 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

Greenpro Capital Stock Up 3.4%

GRNQ traded up $0.45 during trading on Friday, hitting $13.50. The company’s stock had a trading volume of 23,431 shares, compared to its average volume of 3,690. The firm’s 50 day moving average price is $12.75 and its two-hundred day moving average price is $17.51. The stock has a market capitalization of $24.43 million, a price-to-earnings ratio of -3.75 and a beta of 1.00. Greenpro Capital has a 12 month low of $5.51 and a 12 month high of $31.80.

Insider Buying and Selling at Greenpro Capital

In other Greenpro Capital news, CEO Chong Kuang Lee bought 6,559 shares of the stock in a transaction that occurred on Tuesday, June 30th. The shares were acquired at an average price of $15.20 per share, with a total value of $99,696.80. Following the completion of the purchase, the chief executive officer directly owned 194,088 shares in the company, valued at $2,950,137.60. The trade was a 3.50% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 19.98% of the company’s stock.

Hedge Funds Weigh In On Greenpro Capital

Institutional investors have recently modified their holdings of the stock. DRW Securities LLC acquired a new position in shares of Greenpro Capital during the fourth quarter worth approximately $30,000. Geode Capital Management LLC grew its stake in shares of Greenpro Capital by 7.7% during the fourth quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock valued at $143,000 after purchasing an additional 5,656 shares during the last quarter. Finally, Susquehanna International Group LLP acquired a new stake in shares of Greenpro Capital in the third quarter valued at approximately $34,000. 0.87% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Greenpro Capital in a research note on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Greenpro Capital 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.