Short Interest in Ohmyhome Limited (NASDAQ:OMH) Decreases By 94.2%

Ohmyhome Limited (NASDAQ:OMH – Get Free Report) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 268,802 shares, a decline of 94.2% from the August 15th total of 4,662,663 shares. Based on an average daily volume of 1,537,183 shares, the days-to-cover ratio is currently 0.2 days. Approximately 15.9% of the company’s stock are short sold.

Ohmyhome Stock Performance

Shares of OMH traded down $0.26 during mid-day trading on Thursday, hitting $2.25. 338,300 shares of the company traded hands, compared to its average volume of 903,428. Ohmyhome has a 1-year low of $2.22 and a 1-year high of $109.50. The business has a 50 day moving average of $9.58 and a 200 day moving average of $35.04.

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Ohmyhome (NASDAQ:OMH – Get Free Report) last announced its quarterly earnings data on Thursday, September 10th. The company reported ($0.49) EPS for the quarter. The company had revenue of $0.96 million for the quarter.

Wall Street Analysts Forecast Growth

OMH has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Ohmyhome in a research report on Friday, July 17th. Wall Street Zen raised Ohmyhome to a “sell” rating in a research report on Saturday, September 5th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Check Out Our Latest Stock Analysis on OMH

Ohmyhome Company Profile

(Get Free Report)

Ohmyhome (NASDAQ: OMH) is a Singapore-based property technology company offering an integrated online platform for residential real estate transactions. The company’s core business focuses on simplifying the home-buying, selling and renting process through a combination of digital tools and professional agent support. Its platform features end-to-end solutions that guide users from property search and valuation to mortgage facilitation and post-sale services such as renovation and furnishing.

Through its website and mobile application, Ohmyhome connects homeowners, buyers and tenants with a network of licensed agents who provide personalized advisory services.

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