YY Group Holding Limited (NASDAQ:YYGH) Short Interest Update

YY Group Holding Limited (NASDAQ:YYGH) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totaling 308,650 shares, a decrease of 40.4% from the November 30th total of 517,981 shares. Based on an average trading volume of 586,685 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.5% of the shares of the stock are short sold. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 586,685 shares, the days-to-cover ratio is currently 0.5 days.

YY Group Stock Up 2.4%

YYGH opened at $0.22 on Tuesday. The firm’s fifty day simple moving average is $0.26 and its two-hundred day simple moving average is $1.19. YY Group has a 52-week low of $0.20 and a 52-week high of $3.45.

YY Group (NASDAQ:YYGH) last released its earnings results on Monday, December 29th. The company reported ($0.10) EPS for the quarter. The firm had revenue of $12.88 million for the quarter.

Hedge Funds Weigh In On YY Group

A hedge fund recently bought a new stake in YY Group stock. Jane Street Group LLC purchased a new position in YY Group Holding Limited (NASDAQ:YYGH) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 10,089 shares of the company’s stock, valued at approximately $27,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of YY Group in a report on Thursday, October 30th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

About YY Group

YY Group Holding Limited, a data and technology driven company, provides manpower outsourcing and cleaning services in Singapore and Malaysia. Its cleaning services include commercial cleaning for offices and schools; hospitality cleaning for hotels and shopping centers; industrial cleaning, facade cleaning, disinfection, and stewarding services for meetings, incentives, conferences, and exhibitions, as well as banquets; and pest control services. The company also offers cleaning robots and machines to enhance cleaning performance by deploying them at designated premises.