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

Greenpro Capital Corp. (NASDAQ:GRNQ) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 37,500 shares, a decrease of 42.2% from the August 15th total of 64,900 shares. Based on an average daily trading volume, of 137,000 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.9% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Greenpro Capital stock. Virtu Financial LLC acquired a new stake in Greenpro Capital Corp. (NASDAQ:GRNQ) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 55,676 shares of the company’s stock, valued at approximately $25,000. Virtu Financial LLC owned approximately 0.07% of Greenpro Capital at the end of the most recent quarter. 0.99% of the stock is currently owned by institutional investors.

Greenpro Capital Price Performance

Shares of NASDAQ GRNQ opened at $1.18 on Friday. Greenpro Capital has a 12-month low of $1.00 and a 12-month high of $2.75. The company’s fifty day simple moving average is $1.38 and its 200 day simple moving average is $1.58.

Greenpro Capital (NASDAQ:GRNQ) last issued its earnings results on Friday, August 11th. The company reported $0.86 earnings per share (EPS) for the quarter. The business had revenue of $0.60 million for the quarter. Greenpro Capital had a net margin of 66.28% and a return on equity of 17.38%.

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.