Greenpro Capital Corp. (NASDAQ:GRNQ) Short Interest Update

Greenpro Capital Corp. (NASDAQ:GRNQ) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 14,596 shares, an increase of 53.5% from the March 15th total of 9,510 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 31,447 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On Greenpro Capital

Several large investors have recently modified their holdings of GRNQ. Geode Capital Management LLC boosted its stake in shares of Greenpro Capital by 7.7% during the fourth quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock valued at $143,000 after purchasing an additional 5,656 shares in the last quarter. Susquehanna International Group LLP purchased a new position in Greenpro Capital during the third quarter valued at approximately $34,000. Finally, DRW Securities LLC bought a new position in Greenpro Capital in the fourth quarter worth approximately $30,000. Institutional investors own 0.87% of the company’s stock.

Analyst Upgrades and Downgrades

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

Greenpro Capital Price Performance

GRNQ stock opened at $2.85 on Thursday. Greenpro Capital has a 1-year low of $0.83 and a 1-year high of $3.18. The business has a 50-day moving average price of $2.14 and a 200 day moving average price of $1.82. The company has a market capitalization of $24.60 million, a P/E ratio of -7.70 and a beta of 1.17.

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.