Greenpro Capital Corp. (NASDAQ:GRNQ) Stock Short Interest Jumps 596.1%

Greenpro Capital Corp. (NASDAQ:GRNQ) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 14,019 shares, a growth of 596.1% from the August 31st total of 2,014 shares. Based on an average daily trading volume, of 233,801 shares, the days-to-cover ratio is presently 0.1 days. Approximately 1.0% of the shares of the company are short sold.

Greenpro Capital Stock Down 6.8%

Shares of GRNQ traded down $0.77 during mid-day trading on Friday, reaching $10.55. The company had a trading volume of 22,225 shares, compared to its average volume of 141,294. Greenpro Capital has a 52-week low of $5.51 and a 52-week high of $31.80. The stock has a market capitalization of $19.10 million, a P/E ratio of -2.93 and a beta of 0.98. The stock has a 50 day moving average of $12.03 and a two-hundred day moving average of $16.89.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Greenpro Capital in a report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Greenpro Capital presently has a consensus rating of “Sell”.

Insider Transactions at Greenpro Capital

In other Greenpro Capital news, CEO Lee Kuang acquired 6,559 shares of the firm’s stock in a transaction on Tuesday, June 30th. The stock was acquired at an average cost of $15.20 per share, for a total transaction of $99,696.80. Following the purchase, the chief executive officer owned 194,088 shares in the company, valued at approximately $2,950,137.60. The trade was a 3.50% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 19.98% of the company’s stock.

About Greenpro Capital

Greenpro Capital Corp. is a business consulting and financial-services company that provides cross-border corporate solutions, primarily for small and midsize businesses. Its services have included corporate advisory and consulting, accounting and bookkeeping outsourcing, tax planning, business structuring, and assistance with international expansion.

The company has also offered services related to family offices, trusts, asset protection, and wealth management, helping clients organize business and personal assets across multiple jurisdictions.