Greenpro Capital Corp. (NASDAQ:GRNQ) Short Interest Update

Greenpro Capital Corp. (NASDAQ:GRNQ) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 13,120 shares, a decrease of 38.3% from the June 30th total of 21,272 shares. Based on an average daily volume of 5,047 shares, the short-interest ratio is currently 2.6 days. Approximately 0.1% of the shares of the company are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Greenpro Capital in a research note on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Insider Buying and Selling at Greenpro Capital

In other Greenpro Capital news, CEO Chong Kuang Lee purchased 65,591 shares of the firm’s stock in a transaction on Tuesday, June 30th. The shares were acquired at an average cost of $1.52 per share, for a total transaction of $99,698.32. Following the completion of the transaction, the chief executive officer owned 1,940,884 shares of the company’s stock, valued at approximately $2,950,143.68. The trade was a 3.50% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 19.98% of the stock is owned by company insiders.

Institutional Trading of Greenpro Capital

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. DRW Securities LLC bought a new stake in Greenpro Capital in the fourth quarter worth $30,000. Susquehanna International Group LLP bought a new position in Greenpro Capital during the third quarter valued at $34,000. Finally, Geode Capital Management LLC increased its position in Greenpro Capital by 7.7% during the fourth quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock valued at $143,000 after acquiring an additional 5,656 shares during the last quarter. Hedge funds and other institutional investors own 0.87% of the company’s stock.

Greenpro Capital Stock Up 9.9%

GRNQ traded up $0.12 on Friday, hitting $1.28. The company had a trading volume of 2,587 shares, compared to its average volume of 22,051. The company has a market cap of $23.08 million, a PE ratio of -3.28 and a beta of 0.95. Greenpro Capital has a 12-month low of $1.03 and a 12-month high of $3.18. The business’s fifty day simple moving average is $1.42 and its 200 day simple moving average is $1.85.

Greenpro Capital (NASDAQ:GRNQ) last issued its quarterly earnings data on Friday, May 8th. The company reported ($0.10) earnings per share (EPS) for the quarter. The company had revenue of $0.41 million for the quarter. Greenpro Capital had a negative net margin of 153.32% and a negative return on equity of 31.13%.

About Greenpro Capital

Greenpro Capital Corp. provides financial consulting and corporate advisory services to small and medium-size businesses primarily in Hong Kong, Malaysia, and China. It operates in two segments, Service Business and Real Estate Business. The company offers business consulting and corporate advisory services, including cross-border listing advisory, tax planning, bookkeeping, advisory and transaction, record management, and accounting outsourcing services; and venture capital related education and support services.