YY Group Holding Limited (NASDAQ:YYGH) Short Interest Update

YY Group Holding Limited (NASDAQ:YYGHGet Free Report) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 735,286 shares, a growth of 589.3% from the June 30th total of 106,677 shares. Based on an average daily trading volume, of 2,657,341 shares, the days-to-cover ratio is currently 0.3 days. Approximately 1,470.6% of the company’s stock are short sold.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Wall Street Zen upgraded YY Group to a “sell” rating in a report on Saturday, June 27th. Weiss Ratings raised YY Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, June 23rd. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

View Our Latest Stock Analysis on YYGH

Insider Activity at YY Group

In related news, major shareholder Financial Lp Hrt acquired 2,176,347 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was bought at an average price of $0.08 per share, for a total transaction of $174,107.76. Following the acquisition, the insider directly owned 4,953,317 shares of the company’s stock, valued at approximately $396,265.36. The trade was a 78.37% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders have bought 2,259,450 shares of company stock worth $517,582.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in YY Group stock. Jane Street Group LLC purchased a new position in YY Group Holding Limited (NASDAQ:YYGHFree Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,089 shares of the company’s stock, valued at approximately $27,000.

YY Group Price Performance

Shares of NASDAQ YYGH traded down $0.11 during mid-day trading on Friday, hitting $1.17. 385,266 shares of the stock traded hands, compared to its average volume of 1,573,422. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.13. YY Group has a twelve month low of $1.02 and a twelve month high of $5,175.00. The firm has a 50 day simple moving average of $4.63 and a two-hundred day simple moving average of $113.54.

YY Group Company Profile

(Get Free Report)

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.

Further Reading

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