Society Pass Incorporated (NASDAQ:SOPA) Short Interest Update

Society Pass Incorporated (NASDAQ:SOPA) saw a significant decrease in short interest in November. As of November 15th, there was short interest totalling 800 shares, a decrease of 91.2% from the October 31st total of 9,100 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 221,600 shares, the days-to-cover ratio is currently 0.0 days.

Analysts Set New Price Targets

Separately, Ascendiant Capital Markets reduced their target price on shares of Society Pass from $21.00 to $19.00 and set a “buy” rating on the stock in a report on Tuesday, September 3rd.

Society Pass Price Performance

Shares of Society Pass stock traded up $0.01 on Thursday, reaching $0.96. The company had a trading volume of 46,173 shares, compared to its average volume of 139,094. The firm’s 50-day moving average price is $0.98 and its two-hundred day moving average price is $1.22. Society Pass has a 1 year low of $0.73 and a 1 year high of $5.10. The firm has a market cap of $3.49 million, a price-to-earnings ratio of -0.19 and a beta of 1.16.

Institutional Trading of Society Pass

An institutional investor recently bought a new position in Society Pass stock. Virtu Financial LLC purchased a new position in Society Pass Incorporated (NASDAQ:SOPA) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 26,772 shares of the company’s stock, valued at approximately $25,000. Virtu Financial LLC owned 0.73% of Society Pass as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 3.09% of the company’s stock.

Society Pass Company Profile

Society Pass Incorporated acquires and operates fintech and e-commerce platforms and mobile applications for consumers and merchants in Singapore, Vietnam, Indonesia, Philippines, the United States, Malaysia, Hong Kong, and Thailand. It operates through Online Grocery and Food and Groceries Deliveries, Digital marketing, Online ticketing and reservation, Telecommunications Reseller, e-Commerce, and Merchant Point of Sale segments.