Ohmyhome Limited (NASDAQ:OMH) Stock Short Interest Falls 71.1%

Ohmyhome Limited (NASDAQ:OMH) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 77,752 shares, a decline of 71.1% from the August 31st total of 268,802 shares. Based on an average daily trading volume, of 106,613 shares, the days-to-cover ratio is currently 0.7 days. Approximately 4.6% of the company’s stock are sold short.

Ohmyhome Trading Down 3.3%

Shares of OMH traded down $0.08 during mid-day trading on Friday, reaching $2.35. The company’s stock had a trading volume of 45,388 shares, compared to its average volume of 96,181. Ohmyhome has a 12-month low of $2.05 and a 12-month high of $109.50. The company’s 50 day moving average is $5.95 and its 200 day moving average is $30.54.

Analyst Ratings Changes

Several brokerages recently weighed in on OMH. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Ohmyhome in a report on Friday, July 17th. Wall Street Zen upgraded shares of Ohmyhome from a “sell” rating to a “hold” rating in a report on Sunday, September 13th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

About Ohmyhome

Ohmyhome Ltd. (NASDAQ: OMH) is a Singapore-based property technology company that operates a digital platform for buying, selling, renting and managing residential property. Its platform is designed to connect property owners, buyers, tenants and real estate professionals while providing tools and services intended to simplify property transactions.

The company offers property listings and transaction-related services, including support from real estate agents, as well as ancillary services such as moving, renovation, cleaning and other home-related solutions.