Short Interest in PropertyGuru Group Limited (NYSE:PGRU) Grows By 56.5%

PropertyGuru Group Limited (NYSE:PGRU) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 75,900 shares, a growth of 56.5% from the August 31st total of 48,500 shares. Based on an average daily volume of 869,000 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.3% of the company’s shares are sold short.

Analyst Ratings Changes

Separately, JMP Securities reissued a “market perform” rating on shares of PropertyGuru Group in a research note on Tuesday, August 20th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in PropertyGuru Group stock. Leo Wealth LLC acquired a new stake in PropertyGuru Group Limited (NYSE:PGRU) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 10,000 shares of the company’s stock, valued at approximately $34,000. 61.38% of the stock is owned by institutional investors.

PropertyGuru Group Trading Up 0.3 %

NYSE:PGRU traded up $0.02 on Friday, reaching $6.63. The company’s stock had a trading volume of 387,665 shares, compared to its average volume of 324,915. PropertyGuru Group has a 12-month low of $3.15 and a 12-month high of $6.63. The stock has a 50 day moving average price of $6.38 and a 200 day moving average price of $5.13. The firm has a market cap of $1.09 billion, a price-to-earnings ratio of -132.60 and a beta of 0.36. The company has a quick ratio of 3.16, a current ratio of 3.16 and a debt-to-equity ratio of 0.01.

PropertyGuru Group (NYSE:PGRU) last posted its earnings results on Tuesday, September 3rd. The company reported ($0.07) EPS for the quarter. The company had revenue of $30.05 million during the quarter. PropertyGuru Group had a negative net margin of 13.27% and a negative return on equity of 3.47%.

PropertyGuru Group Company Profile

PropertyGuru Group Limited operates digital property classifieds marketplaces that connects homeowners and tenants with verified home service providers in Singapore, Vietnam, Malaysia, Thailand, and Indonesia. The company offers digital and marketing services for developers. It also offers data and sales process automation products.