Ohmyhome Limited (NASDAQ:OMH) Short Interest Up 230.1% in July

Ohmyhome Limited (NASDAQ:OMH) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 743,514 shares, a growth of 230.1% from the July 15th total of 225,212 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average daily volume of 67,148,456 shares, the short-interest ratio is currently 0.0 days.

Ohmyhome Trading Down 4.4%

NASDAQ OMH opened at $0.09 on Friday. Ohmyhome has a 12 month low of $0.07 and a 12 month high of $2.19. The company’s fifty day moving average price is $0.40 and its two-hundred day moving average price is $0.88.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Ohmyhome in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Ohmyhome currently has an average rating of “Sell”.

Ohmyhome Company Profile

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.