Short Interest in Ohmyhome Limited (NASDAQ:OMH) Rises By 527.1%

Ohmyhome Limited (NASDAQ:OMH) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 4,662,663 shares, a growth of 527.1% from the July 30th total of 743,514 shares. Approximately 5.5% of the shares of the company are sold short. Based on an average trading volume of 45,642,571 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Ohmyhome in a research note on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Ohmyhome Trading Down 20.9%

Shares of NASDAQ:OMH traded down $0.02 during trading on Thursday, reaching $0.08. The company had a trading volume of 23,920,339 shares, compared to its average volume of 13,208,319. The firm’s fifty day moving average is $0.31 and its 200 day moving average is $0.80. Ohmyhome has a twelve month low of $0.07 and a twelve month high of $2.19.

About Ohmyhome

Ohmyhome (NASDAQ: OMH) is a Singapore-based property technology company offering an integrated online platform for residential real estate transactions. The company’s core business focuses on simplifying the home-buying, selling and renting process through a combination of digital tools and professional agent support. Its platform features end-to-end solutions that guide users from property search and valuation to mortgage facilitation and post-sale services such as renovation and furnishing.

Through its website and mobile application, Ohmyhome connects homeowners, buyers and tenants with a network of licensed agents who provide personalized advisory services.