Perfect Corp. (NYSE:PERF) Sees Significant Increase in Short Interest

Perfect Corp. (NYSE:PERF) saw a large increase in short interest in May. As of May 31st, there was short interest totalling 23,000 shares, an increase of 48.4% from the May 15th total of 15,500 shares. Based on an average daily trading volume, of 93,200 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Perfect from a “hold” rating to a “buy” rating in a report on Saturday, June 7th.

Perfect Stock Performance

Shares of Perfect stock opened at $2.05 on Wednesday. The company has a market cap of $174.37 million, a PE ratio of 23.00, a P/E/G ratio of 0.55 and a beta of 0.37. Perfect has a 1-year low of $1.51 and a 1-year high of $3.44.

About Perfect

Perfect Corp. is a software as a service technology company, which engages in the business of developing makeup virtual try-on solutions. Its solutions include virtual try-ons for makeup, nail art, hairstyles, beard dye and styling, eyewear, jewelry, advanced skin diagnostic technology, foundation shade finder, and interactive artificial reality makeup application tutorial platform.