Short Interest in Ohmyhome Limited (NASDAQ:OMH) Expands By 1,385.2%

Ohmyhome Limited (NASDAQ:OMHGet Free Report) was the recipient of a large growth in short interest in February. As of February 15th, there was short interest totalling 1,610,000 shares, a growth of 1,385.2% from the January 31st total of 108,400 shares. Approximately 23.3% of the shares of the stock are sold short. Based on an average daily volume of 1,540,000 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Ohmyhome stock. Schonfeld Strategic Advisors LLC purchased a new position in shares of Ohmyhome Limited (NASDAQ:OMHFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 97,600 shares of the company’s stock, valued at approximately $381,000. Schonfeld Strategic Advisors LLC owned about 0.60% of Ohmyhome as of its most recent SEC filing. Institutional investors own 0.67% of the company’s stock.

Ohmyhome Trading Down 3.8 %

Shares of OMH stock traded down $0.03 during mid-day trading on Wednesday, reaching $0.85. The stock had a trading volume of 213,877 shares, compared to its average volume of 2,487,136. Ohmyhome has a 12-month low of $0.83 and a 12-month high of $57.00. The business has a 50-day simple moving average of $1.26 and a 200 day simple moving average of $1.77.

Ohmyhome Company Profile

(Get Free Report)

Ohmyhome Limited operates as a data and technology-driven property technology company in Singapore and Malaysia. It offers brokerage services that allows customers to purchase, sell, rent, or lease their properties on its platform. The company also offers other property-related services, including listing and research services comprising online property listings, property transaction guides, automated electronic valuation of listed properties, and calculators; mortgage advice and financing guidance services; and legal services, such as conveyancing, legal advice, and documentation preparation services.

Further Reading

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