MoneyHero Limited (NASDAQ:MNY) Short Interest Update

MoneyHero Limited (NASDAQ:MNY) saw a significant drop in short interest in January. As of January 15th, there was short interest totaling 151,539 shares, a drop of 15.1% from the December 31st total of 178,472 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 28,117 shares, the short-interest ratio is presently 5.4 days. Based on an average trading volume of 28,117 shares, the short-interest ratio is presently 5.4 days. Currently, 0.4% of the company’s stock are short sold.

MoneyHero Stock Performance

Shares of NASDAQ MNY traded down $0.01 during mid-day trading on Tuesday, hitting $1.20. The stock had a trading volume of 15,273 shares, compared to its average volume of 40,110. The firm has a market cap of $50.29 million, a PE ratio of -1.71 and a beta of 1.22. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.96 and a current ratio of 1.96. The company has a 50 day moving average of $1.28 and a two-hundred day moving average of $1.48. MoneyHero has a twelve month low of $0.55 and a twelve month high of $2.40.

MoneyHero (NASDAQ:MNY) last posted its quarterly earnings results on Friday, December 5th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.08). MoneyHero had a negative net margin of 35.36% and a negative return on equity of 56.10%. The firm had revenue of $21.12 million for the quarter, compared to analysts’ expectations of $23.33 million. During the same quarter in the previous year, the firm posted $0.10 EPS. Research analysts predict that MoneyHero will post -0.41 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on MNY. Zacks Research lowered MoneyHero from a “hold” rating to a “strong sell” rating in a report on Friday, January 23rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of MoneyHero in a research report on Monday, December 29th. Finally, Wall Street Zen cut MoneyHero from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $4.00.

Institutional Trading of MoneyHero

An institutional investor recently bought a new position in MoneyHero stock. Virtu Financial LLC purchased a new stake in MoneyHero Limited (NASDAQ:MNY) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 26,445 shares of the company’s stock, valued at approximately $38,000. Virtu Financial LLC owned approximately 0.06% of MoneyHero as of its most recent SEC filing. 30.86% of the stock is currently owned by institutional investors.

MoneyHero Company Profile

MoneyHero Group Ltd (NASDAQ: MNY) operates an online comparison marketplace that helps consumers research, compare and select a broad array of financial and lifestyle products. Through its digital platform, MoneyHero presents side-by-side comparisons for credit cards, personal loans, mortgages, various insurance policies, broadband and mobile plans, as well as utility services. The site features interactive tools such as personalized calculators, user reviews and curated offer alerts, designed to simplify complex product information and enhance consumer decision making.

Founded in Hong Kong in 2014, MoneyHero has expanded its presence to serve customers in Singapore and Malaysia.