MoneyHero Limited (NASDAQ:MNY) Short Interest Down 45.5% in April

MoneyHero Limited (NASDAQ:MNY) saw a significant decrease in short interest in April. As of April 15th, there was short interest totalling 287,700 shares, a decrease of 45.5% from the March 31st total of 528,100 shares. Based on an average trading volume of 1,350,000 shares, the short-interest ratio is presently 0.2 days. Currently, 3.2% of the company’s stock are sold short.

MoneyHero Stock Down 1.3 %

NASDAQ MNY traded down $0.03 on Friday, reaching $2.32. The company had a trading volume of 1,516,840 shares, compared to its average volume of 1,215,377. The stock’s fifty day moving average price is $2.01. MoneyHero has a 1-year low of $0.74 and a 1-year high of $6.00. The firm has a market cap of $69.53 million, a price-to-earnings ratio of -1.39 and a beta of 1.45.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Deltec Asset Management LLC bought a new position in shares of MoneyHero in the 4th quarter valued at about $45,000. Orland Properties Ltd acquired a new stake in MoneyHero during the 4th quarter valued at $119,000. Finally, Cantor Fitzgerald L. P. acquired a new position in shares of MoneyHero in the fourth quarter valued at $108,000. 30.86% of the stock is currently owned by institutional investors.

About MoneyHero

MoneyHero Limited operates as a personal finance company. The company was founded in 2014 and is headquartered in Singapore.