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PropertyGuru Group Limited (NYSE:PGRU) Short Interest Up 790.0% in October

PropertyGuru Group logo with Business Services background

PropertyGuru Group Limited (NYSE:PGRU - Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 347,100 shares, an increase of 790.0% from the September 30th total of 39,000 shares. Currently, 1.3% of the company's shares are short sold. Based on an average trading volume of 948,400 shares, the short-interest ratio is presently 0.4 days.

PropertyGuru Group Price Performance

Shares of NYSE:PGRU remained flat at $6.63 during trading on Friday. 65,509 shares of the stock were exchanged, compared to its average volume of 316,815. The company has a market capitalization of $1.08 billion, a price-to-earnings ratio of -132.60 and a beta of 0.36. The business's 50-day simple moving average is $6.60 and its two-hundred day simple moving average is $5.50. PropertyGuru Group has a fifty-two week low of $3.15 and a fifty-two week high of $6.65. The company has a quick ratio of 3.16, a current ratio of 3.16 and a debt-to-equity ratio of 0.01.

PropertyGuru Group (NYSE:PGRU - Get Free Report) last issued its quarterly earnings data on Tuesday, September 3rd. The company reported ($0.07) earnings per share (EPS) for the quarter. The business had revenue of $30.05 million for the quarter. PropertyGuru Group had a negative net margin of 13.27% and a negative return on equity of 3.47%.

Analyst Upgrades and Downgrades

Separately, JMP Securities reaffirmed a "market perform" rating on shares of PropertyGuru Group in a report on Tuesday, August 20th.

Check Out Our Latest Stock Report on PGRU

Hedge Funds Weigh In On PropertyGuru Group

An institutional investor recently raised its position in PropertyGuru Group stock. ANTIPODES PARTNERS Ltd grew its position in PropertyGuru Group Limited (NYSE:PGRU - Free Report) by 30.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 42,641 shares of the company's stock after purchasing an additional 9,919 shares during the quarter. ANTIPODES PARTNERS Ltd's holdings in PropertyGuru Group were worth $162,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 61.38% of the company's stock.

PropertyGuru Group Company Profile

(Get Free Report)

PropertyGuru Group Limited operates digital property classifieds marketplaces that connects homeowners and tenants with verified home service providers in Singapore, Vietnam, Malaysia, Thailand, and Indonesia. The company offers digital and marketing services for developers. It also offers data and sales process automation products.

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