Greenpro Capital Corp. (NASDAQ:GRNQ) Sees Large Increase in Short Interest

Greenpro Capital Corp. (NASDAQ:GRNQGet Rating) was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totalling 2,120,000 shares, an increase of 53.6% from the March 15th total of 1,380,000 shares. Based on an average daily trading volume, of 550,100 shares, the short-interest ratio is presently 3.9 days.

Several hedge funds and other institutional investors have recently bought and sold shares of GRNQ. GSA Capital Partners LLP acquired a new position in shares of Greenpro Capital during the third quarter worth $250,000. Renaissance Technologies LLC lifted its position in shares of Greenpro Capital by 358.5% during the fourth quarter. Renaissance Technologies LLC now owns 939,008 shares of the company’s stock worth $581,000 after purchasing an additional 734,208 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Greenpro Capital by 2,082.9% during the fourth quarter. Geode Capital Management LLC now owns 539,850 shares of the company’s stock worth $334,000 after purchasing an additional 515,119 shares in the last quarter. 1.31% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ GRNQ traded up $0.02 during trading on Friday, reaching $0.45. 312,493 shares of the stock were exchanged, compared to its average volume of 351,074. The business’s 50-day moving average price is $0.42 and its 200 day moving average price is $0.61. Greenpro Capital has a twelve month low of $0.31 and a twelve month high of $2.56. The company has a market capitalization of $35.47 million, a price-to-earnings ratio of -2.15 and a beta of 0.37.

Greenpro Capital Company Profile (Get Rating)

Greenpro Capital Corp. engages in the provision of business solution services to small and medium-size enterprises. It operates through the Service Business and Real Estate Business segments. The Service Business segment offers advisory and business solution services. The Real Estate Business segment trades or leases commercial real estate properties in Hong Kong and Malaysia.

See Also

Receive News & Ratings for Greenpro Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greenpro Capital and related companies with MarketBeat.com's FREE daily email newsletter.