Ohmyhome Limited (NASDAQ:OMH) Stock Short Interest Drops 71.1%

Ohmyhome Limited (NASDAQ:OMH – Get Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 77,752 shares, a decrease of 71.1% from the August 31st total of 268,802 shares. Based on an average trading volume of 106,613 shares, the days-to-cover ratio is currently 0.7 days. Currently, 4.6% of the shares of the stock are sold short.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Weiss Ratings reiterated a “sell (e+)” rating on shares of Ohmyhome in a report on Friday, July 17th. Wall Street Zen upgraded Ohmyhome from a “sell” rating to a “hold” rating in a research report on Sunday, September 13th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

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Ohmyhome Price Performance

OMH stock traded up $0.10 during trading on Monday, hitting $2.45. 42,726 shares of the company’s stock traded hands, compared to its average volume of 245,559. Ohmyhome has a 52 week low of $2.05 and a 52 week high of $109.50. The business has a fifty day simple moving average of $5.95 and a 200 day simple moving average of $30.35.

About Ohmyhome

(Get Free Report)

Ohmyhome Ltd. (NASDAQ: OMH) is a Singapore-based property technology company that operates a digital platform for buying, selling, renting and managing residential property. Its platform is designed to connect property owners, buyers, tenants and real estate professionals while providing tools and services intended to simplify property transactions.

The company offers property listings and transaction-related services, including support from real estate agents, as well as ancillary services such as moving, renovation, cleaning and other home-related solutions.

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