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

Greenpro Capital Corp. (NASDAQ:GRNQ) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 4,054 shares, a decline of 71.1% from the September 15th total of 14,019 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 42,970 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Greenpro Capital in a report on Friday, July 17th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Greenpro Capital has an average rating of “Sell”.

Greenpro Capital Price Performance

Greenpro Capital stock traded down $0.31 during mid-day trading on Monday, hitting $7.99. 20,816 shares of the company were exchanged, compared to its average volume of 21,294. The business’s 50 day simple moving average is $11.35 and its two-hundred day simple moving average is $15.98. The company has a market capitalization of $14.49 million, a P/E ratio of -2.22 and a beta of 0.90. Greenpro Capital has a 12-month low of $5.51 and a 12-month high of $31.80.

Greenpro Capital Company Profile

Greenpro Capital Corp. (NASDAQ: GRNQ) is a Hong Kong-based business services and financial consulting company that helps small and medium-sized enterprises with cross-border operations, corporate structuring and strategic growth. Its services have included corporate advisory, financial consulting, accounting and tax support, and assistance with capital-market activities.

The company has also operated business-incubation and investment initiatives, supporting emerging businesses through strategic planning, corporate development and access to professional resources.