Greenpro Capital Corp. (NASDAQ:GRNQ) Short Interest Up 31.6% in March

Greenpro Capital Corp. (NASDAQ:GRNQ) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 9,510 shares, a growth of 31.6% from the February 26th total of 7,228 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 23,215 shares, the days-to-cover ratio is presently 0.4 days.

Greenpro Capital Stock Performance

Shares of Greenpro Capital stock traded up $0.06 during trading on Monday, hitting $2.78. 44,366 shares of the stock were exchanged, compared to its average volume of 27,617. Greenpro Capital has a 12 month low of $0.83 and a 12 month high of $3.05. The stock’s fifty day moving average is $1.91 and its 200 day moving average is $1.71. The stock has a market cap of $23.99 million, a PE ratio of -17.38 and a beta of 1.56.

Institutional Investors Weigh In On Greenpro Capital

Several large investors have recently made changes to their positions in the company. Susquehanna International Group LLP bought a new stake in shares of Greenpro Capital during the third quarter valued at approximately $34,000. Geode Capital Management LLC increased its position in Greenpro Capital by 7.7% in the 4th quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock valued at $143,000 after acquiring an additional 5,656 shares during the period. Finally, DRW Securities LLC acquired a new stake in Greenpro Capital in the 4th quarter valued at approximately $30,000. Institutional investors and hedge funds own 0.87% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Greenpro Capital in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

About Greenpro Capital

Greenpro Capital Corp. provides financial consulting and corporate advisory services to small and medium-size businesses primarily in Hong Kong, Malaysia, and China. It operates in two segments, Service Business and Real Estate Business. The company offers business consulting and corporate advisory services, including cross-border listing advisory, tax planning, bookkeeping, advisory and transaction, record management, and accounting outsourcing services; and venture capital related education and support services.