Short Interest in Ohmyhome Limited (NASDAQ:OMH) Drops By 13.5%

Ohmyhome Limited (NASDAQ:OMH) was the recipient of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 170,487 shares, a decline of 13.5% from the January 29th total of 197,203 shares. Approximately 7.1% of the shares of the company are short sold. Based on an average daily trading volume, of 55,161 shares, the days-to-cover ratio is currently 3.1 days. Based on an average daily trading volume, of 55,161 shares, the days-to-cover ratio is currently 3.1 days. Approximately 7.1% of the shares of the company are short sold.

Ohmyhome Price Performance

Shares of OMH stock traded up $0.00 during mid-day trading on Thursday, hitting $1.22. The company had a trading volume of 4,955 shares, compared to its average volume of 658,938. The stock’s 50 day moving average price is $1.27 and its 200-day moving average price is $1.17. Ohmyhome has a 52-week low of $0.59 and a 52-week high of $4.33.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Ohmyhome in a report on Thursday, January 22nd. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Reduce”.

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.