Short Interest in Perfect Corp. (NYSE:PERF) Grows By 19.8%

Perfect Corp. (NYSE:PERF) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 118,065 shares, a growth of 19.8% from the January 15th total of 98,592 shares. Based on an average daily trading volume, of 89,714 shares, the short-interest ratio is presently 1.3 days. Based on an average daily trading volume, of 89,714 shares, the short-interest ratio is presently 1.3 days.

Perfect Stock Down 4.7%

Perfect stock traded down $0.07 during trading on Tuesday, hitting $1.42. The company had a trading volume of 79,039 shares, compared to its average volume of 108,050. Perfect has a 1-year low of $1.35 and a 1-year high of $2.67. The company’s 50 day simple moving average is $1.67 and its 200-day simple moving average is $1.83.

Analysts Set New Price Targets

A number of brokerages have issued reports on PERF. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Perfect in a report on Thursday, January 22nd. Wall Street Zen lowered Perfect from a “buy” rating to a “hold” rating in a report on Friday, January 23rd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Perfect presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Perfect

Several institutional investors have recently modified their holdings of the company. Goldman Sachs Group Inc. grew its stake in Perfect by 13.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,938,529 shares of the company’s stock worth $7,129,000 after acquiring an additional 464,702 shares during the period. BNP Paribas Financial Markets increased its holdings in Perfect by 164.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 34,595 shares of the company’s stock worth $65,000 after purchasing an additional 21,495 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Perfect by 63.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 40,477 shares of the company’s stock valued at $76,000 after purchasing an additional 15,754 shares in the last quarter. GSA Capital Partners LLP raised its position in shares of Perfect by 222.8% during the 3rd quarter. GSA Capital Partners LLP now owns 62,315 shares of the company’s stock valued at $117,000 after acquiring an additional 43,013 shares in the last quarter. Finally, Heron Bay Capital Management bought a new position in shares of Perfect in the 2nd quarter worth about $27,000.

About Perfect

Perfect Corp (NYSE: PERF) is a technology company specializing in beauty and personal care solutions. The company develops AI- and AR-driven platforms that enable virtual product try-on, personalized skincare analysis and digital marketing tools for cosmetics brands and retailers. Its software as a service (SaaS) offerings allow users to preview makeup and skincare products in real time, drive customer engagement across e-commerce and social media channels, and collect data-driven insights into consumer preferences.

The core products include virtual try-on applications, skin diagnostic tools and AI-powered recommendation engines.