MoneyHero Limited (NASDAQ:MNY) Sees Large Growth in Short Interest

MoneyHero Limited (NASDAQ:MNY) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 119,800 shares, an increase of 54.0% from the February 13th total of 77,800 shares. Approximately 1.1% of the company’s stock are sold short. Based on an average daily trading volume, of 91,200 shares, the short-interest ratio is currently 1.3 days.

MoneyHero Price Performance

MNY stock traded down $0.01 on Friday, reaching $0.72. 25,986 shares of the company traded hands, compared to its average volume of 340,625. MoneyHero has a one year low of $0.71 and a one year high of $2.75. The company has a market cap of $27.78 million, a P/E ratio of -0.22 and a beta of 1.24. The firm has a fifty day simple moving average of $1.00 and a 200-day simple moving average of $1.09.

MoneyHero (NASDAQ:MNY) last posted its quarterly earnings data on Tuesday, December 10th. The company reported $0.10 earnings per share for the quarter. MoneyHero had a negative return on equity of 170.98% and a negative net margin of 126.29%. On average, sell-side analysts forecast that MoneyHero will post -0.41 EPS for the current year.

MoneyHero Company Profile

MoneyHero Limited operates as a personal finance company. It engages in operation of online financial comparison platforms and related services. The company offers its products under Money Hero, SingSaver, Money101, MoneyMax, CompareHero, Seedly, and Creatory brands. MoneyHero Limited operates in Singapore, Hong Kong, Taiwan, the Philippines, Malaysia, and Thailand.