Ohmyhome Limited (NASDAQ:OMH) Shares Shorted: Short Interest Down 51.3% in September

Ohmyhome Limited (NASDAQ:OMH) saw a large decrease in short interest in September. As of September 30th, there was short interest totaling 37,837 shares, a decrease of 51.3% from the September 15th total of 77,752 shares. Currently, 2.2% of the shares of the company are short sold. Based on an average trading volume of 54,593 shares, the days-to-cover ratio is presently 0.7 days.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of Ohmyhome in a research report on Friday, July 17th. Wall Street Zen upgraded shares of Ohmyhome from a “sell” rating to a “hold” rating in a research note on Sunday, September 13th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company has an average rating of “Sell”.

Ohmyhome Price Performance

Shares of OMH stock traded down $0.02 during trading hours on Thursday, reaching $2.75. 46,034 shares of the stock were exchanged, compared to its average volume of 233,263. Ohmyhome has a 12-month low of $2.05 and a 12-month high of $109.50. The company’s 50-day moving average price is $3.27 and its 200-day moving average price is $24.89.

About Ohmyhome

Ohmyhome is a Singapore-based property technology company that operates an online platform for buying, selling, renting and managing residential property. Its platform is designed to connect property owners, buyers, tenants and service providers, offering both digital tools and professional assistance throughout the property transaction process.

The company’s services include property listings, brokerage and transaction support, mortgage-related assistance, and home services such as renovation, moving and cleaning.