OFA Group (NASDAQ:OFAL) Short Interest Update

OFA Group (NASDAQ:OFAL) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 144,827 shares, a decline of 78.3% from the August 15th total of 667,574 shares. Based on an average daily trading volume, of 7,514,105 shares, the days-to-cover ratio is presently 0.0 days. Approximately 7.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On OFA Group

An institutional investor recently bought a new position in OFA Group stock. Virtu Financial LLC acquired a new stake in OFA Group (NASDAQ:OFAL) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 37,733 shares of the company’s stock, valued at approximately $47,000. Virtu Financial LLC owned approximately 0.27% of OFA Group as of its most recent SEC filing.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on OFAL shares. Wall Street Zen raised shares of OFA Group to a “sell” rating in a report on Saturday. Weiss Ratings reissued a “sell (e+)” rating on shares of OFA Group in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, OFA Group presently has a consensus rating of “Sell”.

OFA Group Price Performance

Shares of NASDAQ OFAL traded down $0.05 on Friday, hitting $0.59. The company’s stock had a trading volume of 470,042 shares, compared to its average volume of 9,545,484. OFA Group has a 12-month low of $0.57 and a 12-month high of $17.10. The company has a market capitalization of $2.73 million, a price-to-earnings ratio of -0.82 and a beta of 1.11. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.40 and a quick ratio of 0.40. The stock has a 50 day moving average of $1.04 and a 200-day moving average of $3.24.

OFA Group (NASDAQ:OFAL) last issued its quarterly earnings data on Saturday, August 15th. The company reported ($0.72) earnings per share for the quarter. The firm had revenue of $0.01 million for the quarter.

About OFA Group

Through our wholly owned operating subsidiary, Office for Fine Architecture Limited, we provide comprehensive architectural services, including design and fit out services for commercial and residential buildings. The design service includes both the consultation with our staff and the actual design work and the Company provides a specific conceptualized design with layout plans, detailed design drawings, advice relating to, among other things, budgetary consideration, optimal use of space, the materials, fittings, furniture, appliances and other items to be used with an aim to produce a preliminary design plan and quotation for clients’ considerations.