OFA Group (NASDAQ:OFAL) Short Interest Update

OFA Group (NASDAQ:OFAL) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 231,336 shares, a growth of 59.5% from the May 14th total of 144,993 shares. Currently, 3.6% of the shares of the company are sold short. Based on an average daily volume of 1,007,968 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of OFA Group

A hedge fund recently bought a new stake in OFA Group stock. Virtu Financial LLC acquired a new stake in OFA Group (NASDAQ:OFAL) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 37,733 shares of the company’s stock, valued at approximately $47,000. Virtu Financial LLC owned approximately 0.27% of OFA Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of OFA Group in a research report on Friday, May 1st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

OFA Group Stock Down 4.5%

OFAL stock traded down $0.01 during trading on Tuesday, hitting $0.23. 384,597 shares of the company traded hands, compared to its average volume of 392,908. OFA Group has a 1 year low of $0.21 and a 1 year high of $3.37. The stock’s 50-day simple moving average is $0.50 and its 200 day simple moving average is $0.53.

OFA Group (NASDAQ:OFAL) last released its quarterly earnings data on Tuesday, June 9th. The company reported ($0.21) EPS for the quarter. The business had revenue of $0.02 million during the quarter.

OFA Group Company Profile

Through our wholly owned operating subsidiary, Office for Fine Architecture Limited, we provide comprehensive architectural services, including design and fit out services for commercial and residential buildings. The design service includes both the consultation with our staff and the actual design work and the Company provides a specific conceptualized design with layout plans, detailed design drawings, advice relating to, among other things, budgetary consideration, optimal use of space, the materials, fittings, furniture, appliances and other items to be used with an aim to produce a preliminary design plan and quotation for clients’ considerations.