Society Pass Incorporated (NASDAQ:SOPA) Short Interest Update

Society Pass Incorporated (NASDAQ:SOPAGet Free Report) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 75,800 shares, a growth of 183.9% from the April 30th total of 26,700 shares. Currently, 5.8% of the shares of the company are sold short. Based on an average daily volume of 90,800 shares, the short-interest ratio is currently 0.8 days.

Society Pass Stock Up 4.4 %

SOPA stock opened at $1.91 on Friday. The business has a fifty day moving average of $2.03 and a two-hundred day moving average of $2.99. The stock has a market cap of $5.04 million, a price-to-earnings ratio of -0.20 and a beta of 1.23. Society Pass has a 52-week low of $1.54 and a 52-week high of $11.67.

Society Pass (NASDAQ:SOPAGet Free Report) last released its earnings results on Monday, April 15th. The company reported ($2.70) EPS for the quarter. Society Pass had a negative return on equity of 202.73% and a negative net margin of 196.58%. The company had revenue of $1.67 million for the quarter. As a group, sell-side analysts anticipate that Society Pass will post -4.05 EPS for the current year.

Analysts Set New Price Targets

Separately, Maxim Group reissued a “hold” rating on shares of Society Pass in a report on Wednesday, April 17th.

View Our Latest Research Report on Society Pass

About Society Pass

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Society Pass Incorporated acquires and operates fintech and e-commerce platforms and mobile applications for consumers and merchants in Singapore, Vietnam, Indonesia, Philippines, the United States, Malaysia, Hong Kong, and Thailand. It operates through Online Grocery and Food and Groceries Deliveries, Digital marketing, Online ticketing and reservation, Telecommunications Reseller, e-Commerce, and Merchant Point of Sale segments.

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