Greenpro Capital Corp. (NASDAQ:GRNQ) Shares Shorted: Short Interest Down 71.1% in September

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

Analyst Ratings Changes

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

Greenpro Capital Price Performance

NASDAQ:GRNQ traded down $0.29 during trading hours on Tuesday, hitting $7.70. The stock had a trading volume of 4,701 shares, compared to its average volume of 21,205. The company has a 50 day simple moving average of $11.28 and a two-hundred day simple moving average of $15.88. Greenpro Capital has a one year low of $5.51 and a one year high of $31.80. The firm has a market capitalization of $13.93 million, a price-to-earnings ratio of -2.14 and a beta of 0.90.

About Greenpro Capital

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.