MoneyHero Limited (NASDAQ:MNYWW) Sees Large Drop in Short Interest

MoneyHero Limited (NASDAQ:MNYWWGet Free Report) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totalling 2,200 shares, a decline of 15.4% from the April 15th total of 2,600 shares. Based on an average trading volume of 21,300 shares, the short-interest ratio is presently 0.1 days.

MoneyHero Price Performance

Shares of NASDAQ MNYWW opened at $0.11 on Monday. The stock’s 50-day moving average is $0.10 and its 200 day moving average is $0.08. MoneyHero has a 1-year low of $0.02 and a 1-year high of $0.24.

Institutional Investors Weigh In On MoneyHero

An institutional investor recently bought a new position in MoneyHero stock. MSD Partners L.P. acquired a new stake in shares of MoneyHero Limited (NASDAQ:MNYWWFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 350,000 shares of the company’s stock, valued at approximately $25,000. MoneyHero accounts for about 0.0% of MSD Partners L.P.’s investment portfolio, making the stock its 24th biggest holding.

MoneyHero Company Profile

(Get Free Report)

MoneyHero Limited operates as a personal finance company. The company was founded in 2014 and is headquartered in Singapore.

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