Greenpro Capital Corp. (NASDAQ:GRNQ) Sees Significant Growth in Short Interest

Greenpro Capital Corp. (NASDAQ:GRNQ) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 6,783 shares, a growth of 67.3% from the September 30th total of 4,054 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 71,065 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Greenpro Capital in a research note on Thursday, October 15th. Wall Street Zen raised shares of Greenpro Capital to a “hold” rating in a research report on Saturday, October 24th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Greenpro Capital Stock Performance

Greenpro Capital stock opened at $6.67 on Monday. Greenpro Capital has a 52 week low of $5.51 and a 52 week high of $31.80. The stock has a market capitalization of $12.07 million, a P/E ratio of -1.85 and a beta of 0.51. The stock has a 50-day simple moving average of $10.13 and a 200 day simple moving average of $15.83.

Greenpro Capital Company Profile

Greenpro Capital Corp. (NASDAQ:GRNQ) is a Hong Kong-based business consulting and financial services company that provides corporate advisory and business solutions to clients, particularly in Asia. Its services are designed to help companies establish, manage, and expand their operations across international markets.

The company’s activities have included corporate structuring, accounting and financial reporting support, tax planning, business consulting, and assistance with cross-border transactions.