MoneyHero Limited (NASDAQ:MNY) Sees Significant Drop in Short Interest

MoneyHero Limited (NASDAQ:MNY) was the recipient of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 140,700 shares, a decrease of 28.0% from the November 15th total of 195,300 shares. Based on an average daily trading volume, of 152,900 shares, the days-to-cover ratio is currently 0.9 days. Currently, 1.4% of the company’s shares are sold short.

MoneyHero Price Performance

MNY traded down $0.03 during trading hours on Friday, reaching $1.07. 122,748 shares of the company’s stock traded hands, compared to its average volume of 538,791. MoneyHero has a 52-week low of $0.85 and a 52-week high of $3.46. The firm has a 50-day moving average price of $1.15 and a 200 day moving average price of $1.42.

MoneyHero (NASDAQ:MNY) last released its quarterly earnings data on Thursday, September 19th. The company reported ($0.30) earnings per share (EPS) for the quarter. The company had revenue of $20.67 million during the quarter. MoneyHero had a negative net margin of 126.29% and a negative return on equity of 162.87%. As a group, sell-side analysts anticipate that MoneyHero will post -0.43 EPS for the current year.

About MoneyHero

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.