Perfect Corp. (NYSE:PERF) Sees Large Growth in Short Interest

Perfect Corp. (NYSE:PERF) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 33,988 shares, an increase of 52.3% from the November 30th total of 22,320 shares. Based on an average trading volume of 82,916 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 82,916 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on PERF. Wall Street Zen raised shares of Perfect from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Weiss Ratings restated a “sell (d)” rating on shares of Perfect in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Perfect has a consensus rating of “Sell”.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP increased its position in shares of Perfect by 63.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 40,477 shares of the company’s stock worth $76,000 after purchasing an additional 15,754 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of Perfect by 164.1% during the third quarter. BNP Paribas Financial Markets now owns 34,595 shares of the company’s stock worth $65,000 after purchasing an additional 21,495 shares during the last quarter. GSA Capital Partners LLP grew its stake in Perfect by 222.8% in the third quarter. GSA Capital Partners LLP now owns 62,315 shares of the company’s stock worth $117,000 after purchasing an additional 43,013 shares in the last quarter. Finally, Heron Bay Capital Management bought a new stake in Perfect in the second quarter valued at about $27,000.

Perfect Trading Down 1.2%

NYSE PERF traded down $0.02 during mid-day trading on Monday, reaching $1.71. 48,279 shares of the company’s stock traded hands, compared to its average volume of 171,679. Perfect has a 1-year low of $1.51 and a 1-year high of $3.44. The company has a fifty day simple moving average of $1.83 and a 200-day simple moving average of $1.98. The company has a market cap of $145.45 million, a price-to-earnings ratio of 34.21, a P/E/G ratio of 2.28 and a beta of 0.46.

Perfect (NYSE:PERF) last released its earnings results on Tuesday, October 28th. The company reported $0.02 EPS for the quarter. Perfect had a return on equity of 3.55% and a net margin of 8.48%.The company had revenue of $18.66 million during the quarter, compared to analysts’ expectations of $17.66 million.

Perfect Company Profile

Perfect Corp (NYSE: PERF) is a technology company specializing in beauty and personal care solutions. The company develops AI- and AR-driven platforms that enable virtual product try-on, personalized skincare analysis and digital marketing tools for cosmetics brands and retailers. Its software as a service (SaaS) offerings allow users to preview makeup and skincare products in real time, drive customer engagement across e-commerce and social media channels, and collect data-driven insights into consumer preferences.

The core products include virtual try-on applications, skin diagnostic tools and AI-powered recommendation engines.