Short Interest in MoneyHero Limited (NASDAQ:MNY) Decreases By 38.8%

MoneyHero Limited (NASDAQ:MNY) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 87,000 shares, a drop of 38.8% from the December 31st total of 142,200 shares. Based on an average daily volume of 104,000 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.8% of the shares of the company are sold short.

MoneyHero Trading Up 0.9 %

MNY traded up $0.01 during midday trading on Wednesday, hitting $1.11. 30,959 shares of the company traded hands, compared to its average volume of 37,990. The business has a 50 day simple moving average of $1.13 and a two-hundred day simple moving average of $1.20. MoneyHero has a 52-week low of $0.85 and a 52-week high of $3.46. The company has a market capitalization of $42.78 million, a price-to-earnings ratio of -0.34 and a beta of 1.20.

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