Ohmyhome Limited (NASDAQ:OMH) Short Interest Up 230.1% in July
by Michael Walen · The Markets DailyOhmyhome Limited (NASDAQ:OMH – Get Free Report) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 743,514 shares, a growth of 230.1% from the July 15th total of 225,212 shares. Based on an average trading volume of 67,148,456 shares, the short-interest ratio is currently 0.0 days. Currently, 0.9% of the company’s shares are sold short.
Ohmyhome Stock Down 5.2%
Ohmyhome stock traded down $0.01 during trading hours on Thursday, hitting $0.09. 2,165,049 shares of the stock traded hands, compared to its average volume of 8,570,391. Ohmyhome has a 1 year low of $0.07 and a 1 year high of $2.19. The firm’s 50 day moving average price is $0.42 and its 200-day moving average price is $0.90.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Ohmyhome in a research note on Friday, July 17th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Ohmyhome currently has a consensus rating of “Sell”.
Read Our Latest Analysis on Ohmyhome
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.