Greenpro Capital Corp. (NASDAQ:GRNQ) Short Interest Down 38.3% in July

Greenpro Capital Corp. (NASDAQ:GRNQ) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 13,120 shares, a drop of 38.3% from the June 30th total of 21,272 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 5,047 shares, the short-interest ratio is currently 2.6 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Greenpro Capital in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Greenpro Capital Stock Up 7.9%

Shares of NASDAQ:GRNQ traded up $0.09 during trading on Thursday, hitting $1.17. 4,385 shares of the stock traded hands, compared to its average volume of 22,189. The company has a market cap of $21.00 million, a price-to-earnings ratio of -2.99 and a beta of 0.95. The company has a fifty day moving average price of $1.43 and a two-hundred day moving average price of $1.85. Greenpro Capital has a 52-week low of $1.03 and a 52-week high of $3.18.

Greenpro Capital (NASDAQ:GRNQ) last released its quarterly earnings results on Friday, May 8th. The company reported ($0.10) EPS for the quarter. Greenpro Capital had a negative net margin of 153.32% and a negative return on equity of 31.13%. The firm had revenue of $0.41 million for the quarter.

Insider Transactions at Greenpro Capital

In other news, CEO Chong Kuang Lee bought 65,591 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The stock was purchased at an average price of $1.52 per share, with a total value of $99,698.32. Following the completion of the acquisition, the chief executive officer directly owned 1,940,884 shares of the company’s stock, valued at $2,950,143.68. This trade represents a 3.50% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 19.98% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. DRW Securities LLC purchased a new position in shares of Greenpro Capital during the 4th quarter valued at approximately $30,000. Susquehanna International Group LLP purchased a new position in Greenpro Capital in the 3rd quarter valued at $34,000. Finally, Geode Capital Management LLC boosted its stake in Greenpro Capital by 7.7% during the 4th quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock worth $143,000 after purchasing an additional 5,656 shares during the last quarter. 0.87% of the stock is owned by institutional investors and hedge funds.

Greenpro Capital Company Profile

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.