OFA Group (NASDAQ:OFAL) Short Interest Update
by Teresa Graham · The Cerbat GemOFA Group (NASDAQ:OFAL – Get Free Report) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 167,146 shares, a growth of 36.7% from the March 15th total of 122,309 shares. Based on an average daily volume of 98,635 shares, the short-interest ratio is presently 1.7 days. Currently, 1.2% of the company’s stock are sold short.
Institutional Investors Weigh In On OFA Group
An institutional investor recently bought a new position in OFA Group stock. Virtu Financial LLC acquired a new position in shares of OFA Group (NASDAQ:OFAL – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 37,733 shares of the company’s stock, valued at approximately $47,000. Virtu Financial LLC owned 0.27% of OFA Group as of its most recent SEC filing.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of OFA Group in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.
Check Out Our Latest Analysis on OFAL
OFA Group Stock Performance
Shares of OFAL stock traded down $0.05 during trading hours on Wednesday, hitting $0.48. 82,265 shares of the company were exchanged, compared to its average volume of 356,703. OFA Group has a one year low of $0.26 and a one year high of $9.79. The business’s 50-day simple moving average is $0.48 and its two-hundred day simple moving average is $0.67.
OFA Group (NASDAQ:OFAL – Get Free Report) last issued its quarterly earnings results on Thursday, February 26th. The company reported ($0.14) EPS for the quarter. The firm had revenue of $0.32 million for the quarter.
OFA Group Company Profile
Through our wholly owned operating subsidiary, Office for Fine Architecture Limited, we provide comprehensive architectural services, including design and fit out services for commercial and residential buildings. The design service includes both the consultation with our staff and the actual design work and the Company provides a specific conceptualized design with layout plans, detailed design drawings, advice relating to, among other things, budgetary consideration, optimal use of space, the materials, fittings, furniture, appliances and other items to be used with an aim to produce a preliminary design plan and quotation for clients’ considerations.