Ohmyhome Limited (NASDAQ:OMH) Sees Significant Increase in Short Interest

Ohmyhome Limited (NASDAQ:OMH) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 309,260 shares, a growth of 161.4% from the May 31st total of 118,319 shares. Based on an average daily volume of 798,748 shares, the days-to-cover ratio is currently 0.4 days. Currently, 1.4% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Ohmyhome in a research note on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Ohmyhome Stock Performance

Shares of Ohmyhome stock opened at $0.64 on Monday. Ohmyhome has a 1-year low of $0.51 and a 1-year high of $1.91. The company’s fifty day simple moving average is $0.83 and its 200-day simple moving average is $1.07.

Ohmyhome Company Profile

Ohmyhome (NASDAQ: OMH) is a Singapore-based property technology company offering an integrated online platform for residential real estate transactions. The company’s core business focuses on simplifying the home-buying, selling and renting process through a combination of digital tools and professional agent support. Its platform features end-to-end solutions that guide users from property search and valuation to mortgage facilitation and post-sale services such as renovation and furnishing.

Through its website and mobile application, Ohmyhome connects homeowners, buyers and tenants with a network of licensed agents who provide personalized advisory services.