Ohmyhome Limited (NASDAQ:OMH) Short Interest Up 230.1% in July

Ohmyhome Limited (NASDAQ:OMH) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 743,514 shares, an increase of 230.1% from the July 15th total of 225,212 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average trading volume of 67,148,456 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Ohmyhome in a report on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Ohmyhome Stock Performance

OMH traded down $0.01 during midday trading on Thursday, hitting $0.09. 2,165,049 shares of the company traded hands, compared to its average volume of 8,570,391. Ohmyhome has a 52-week low of $0.07 and a 52-week high of $2.19. The business has a 50 day simple moving average of $0.42 and a two-hundred day simple moving average of $0.90.

About Ohmyhome

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.