Short Interest in Greenpro Capital Corp. (NASDAQ:GRNQ) Rises By 79.1%

Greenpro Capital Corp. (NASDAQ:GRNQ) saw a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 36,900 shares, an increase of 79.1% from the May 15th total of 20,600 shares. Based on an average daily volume of 55,100 shares, the short-interest ratio is presently 0.7 days. Approximately 0.9% of the company’s shares are sold short.

Greenpro Capital Price Performance

GRNQ traded up $0.12 during midday trading on Monday, reaching $1.83. 113,425 shares of the company’s stock traded hands, compared to its average volume of 111,609. Greenpro Capital has a 52 week low of $0.80 and a 52 week high of $2.24. The firm has a fifty day moving average of $1.04 and a two-hundred day moving average of $1.03. The stock has a market capitalization of $13.86 million, a price-to-earnings ratio of -2.13 and a beta of 1.12.

Greenpro Capital (NASDAQ:GRNQ) last announced its earnings results on Wednesday, May 14th. The company reported ($0.08) EPS for the quarter. Greenpro Capital had a negative net margin of 244.59% and a negative return on equity of 119.86%. The business had revenue of $0.35 million for the quarter.

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.