Short Interest in YY Group Holding Limited (NASDAQ:YYGH) Declines By 45.7%

YY Group Holding Limited (NASDAQ:YYGH) was the recipient of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 189,669 shares, a decline of 45.7% from the January 29th total of 349,345 shares. Based on an average trading volume of 350,958 shares, the short-interest ratio is currently 0.5 days. Currently, 0.3% of the shares of the stock are short sold. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 350,958 shares, the short-interest ratio is currently 0.5 days.

YY Group Trading Up 3.4%

YY Group stock opened at $0.19 on Friday. The stock has a 50-day moving average price of $0.21 and a two-hundred day moving average price of $0.52. YY Group has a 12 month low of $0.16 and a 12 month high of $3.45.

YY Group (NASDAQ:YYGH) last issued its quarterly earnings results on Monday, December 29th. The company reported ($0.10) EPS for the quarter. The firm had revenue of $12.88 million for the quarter.

Institutional Investors Weigh In On YY Group

A hedge fund recently bought a new stake in YY Group stock. Jane Street Group LLC acquired a new position in shares of YY Group Holding Limited (NASDAQ:YYGH) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,089 shares of the company’s stock, valued at approximately $27,000.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of YY Group in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

YY Group Company Profile

YY Group Holding Limited, a data and technology driven company, provides manpower outsourcing and cleaning services in Singapore and Malaysia. Its cleaning services include commercial cleaning for offices and schools; hospitality cleaning for hotels and shopping centers; industrial cleaning, facade cleaning, disinfection, and stewarding services for meetings, incentives, conferences, and exhibitions, as well as banquets; and pest control services. The company also offers cleaning robots and machines to enhance cleaning performance by deploying them at designated premises.