Greenpro Capital Corp. (NASDAQ:GRNQ) Sees Significant Decline in Short Interest

Greenpro Capital Corp. (NASDAQ:GRNQ) saw a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 25,100 shares, a drop of 14.9% from the October 15th total of 29,500 shares. Based on an average daily volume of 18,000 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.6% of the shares of the company are short sold.

Greenpro Capital Price Performance

Shares of NASDAQ:GRNQ traded up $0.17 on Monday, reaching $1.13. The company’s stock had a trading volume of 77,809 shares, compared to its average volume of 93,601. Greenpro Capital has a 52-week low of $0.77 and a 52-week high of $1.88. The stock has a market capitalization of $8.57 million, a P/E ratio of -1.31 and a beta of 1.53. The stock’s 50-day moving average is $0.94 and its two-hundred day moving average is $1.01.

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.