MoneyHero Limited (NASDAQ:MNY) Short Interest Down 38.8% in December

MoneyHero Limited (NASDAQ:MNY) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 87,000 shares, a decline of 38.8% from the December 15th total of 142,200 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average daily volume of 104,000 shares, the days-to-cover ratio is presently 0.8 days.

MoneyHero Price Performance

Shares of MNY traded down $0.02 during trading hours on Tuesday, hitting $1.09. The stock had a trading volume of 41,690 shares, compared to its average volume of 52,986. The firm has a 50 day simple moving average of $1.14 and a 200-day simple moving average of $1.26. MoneyHero has a 1-year low of $0.85 and a 1-year high of $3.46. The firm has a market capitalization of $42.01 million, a P/E ratio of -0.33 and a beta of 1.20.

About MoneyHero

MoneyHero Limited operates as a personal finance company. It engages in operation of online financial comparison platforms and related services. The company offers its products under Money Hero, SingSaver, Money101, MoneyMax, CompareHero, Seedly, and Creatory brands. MoneyHero Limited operates in Singapore, Hong Kong, Taiwan, the Philippines, Malaysia, and Thailand.