Ohmyhome Limited (NASDAQ:OMH) Sees Large Decline in Short Interest

Ohmyhome Limited (NASDAQ:OMH) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totaling 11,644 shares, a decline of 42.9% from the December 15th total of 20,391 shares. Based on an average daily volume of 36,041 shares, the short-interest ratio is currently 0.3 days. Approximately 0.5% of the shares of the stock are sold short. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 36,041 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Ohmyhome in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Reduce”.

Ohmyhome Price Performance

NASDAQ:OMH traded up $0.13 on Thursday, hitting $1.49. The company had a trading volume of 172,096 shares, compared to its average volume of 2,583,415. Ohmyhome has a 52 week low of $0.59 and a 52 week high of $4.46. The firm has a 50 day moving average of $0.93 and a two-hundred day moving average of $1.15.

About Ohmyhome

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.