Ohmyhome Limited (NASDAQ:OMH) Short Interest Up 161.4% in June

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

Ohmyhome Price Performance

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

Wall Street Analyst Weigh In

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

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.