Perfect Corp. (NYSE:PERF) Short Interest Up 105.3% in August

Perfect Corp. (NYSE:PERF) was the recipient of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 227,653 shares, an increase of 105.3% from the July 30th total of 110,912 shares. Based on an average daily trading volume, of 429,622 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Trading of Perfect

A number of large investors have recently modified their holdings of the business. BNP Paribas Financial Markets bought a new position in shares of Perfect in the second quarter worth approximately $30,000. Dimensional Fund Advisors LP lifted its position in Perfect by 63.7% during the third quarter. Dimensional Fund Advisors LP now owns 40,477 shares of the company’s stock valued at $76,000 after purchasing an additional 15,754 shares during the last quarter. Credit Industriel ET Commercial bought a new stake in Perfect during the first quarter valued at approximately $338,000. Groupe la Francaise purchased a new position in Perfect in the 1st quarter worth approximately $507,000. Finally, Goldman Sachs Group Inc. grew its stake in Perfect by 13.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,938,529 shares of the company’s stock worth $7,129,000 after buying an additional 464,702 shares in the last quarter.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Perfect in a research report on Friday, July 17th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce”.

Perfect Price Performance

PERF opened at $1.89 on Friday. The firm has a market capitalization of $192.50 million, a P/E ratio of 31.51, a price-to-earnings-growth ratio of 1.29 and a beta of 0.28. Perfect has a one year low of $1.24 and a one year high of $2.15. The company has a fifty day moving average price of $1.84 and a 200-day moving average price of $1.69.

Perfect (NYSE:PERF) last issued its quarterly earnings data on Monday, July 27th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.01. Perfect had a return on equity of 3.73% and a net margin of 8.13%.The company had revenue of $16.34 million for the quarter. On average, analysts expect that Perfect will post 0.08 earnings per share for the current year.

Perfect Company Profile

Perfect Corp (NYSE: PERF) is a technology company specializing in beauty and personal care solutions. The company develops AI- and AR-driven platforms that enable virtual product try-on, personalized skincare analysis and digital marketing tools for cosmetics brands and retailers. Its software as a service (SaaS) offerings allow users to preview makeup and skincare products in real time, drive customer engagement across e-commerce and social media channels, and collect data-driven insights into consumer preferences.

The core products include virtual try-on applications, skin diagnostic tools and AI-powered recommendation engines.