Society Pass Incorporated (NASDAQ:SOPA) Short Interest Down 22.0% in June

Society Pass Incorporated (NASDAQ:SOPA) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 45,300 shares, a decrease of 22.0% from the May 31st total of 58,100 shares. Currently, 3.4% of the company’s stock are sold short. Based on an average trading volume of 102,400 shares, the short-interest ratio is presently 0.4 days.

Analyst Ratings Changes

Separately, Maxim Group restated a “hold” rating on shares of Society Pass in a report on Wednesday, April 17th.

Society Pass Trading Up 14.7 %

SOPA stock traded up $0.17 during trading on Friday, reaching $1.33. The stock had a trading volume of 99,388 shares, compared to its average volume of 65,434. Society Pass has a one year low of $1.11 and a one year high of $11.67. The company’s 50 day moving average is $1.75 and its two-hundred day moving average is $2.61.

Society Pass (NASDAQ:SOPA) last issued its quarterly earnings data on Monday, April 15th. The company reported ($2.70) earnings per share (EPS) for the quarter. Society Pass had a negative return on equity of 202.74% and a negative net margin of 196.58%. The firm had revenue of $1.67 million during the quarter. Research analysts anticipate that Society Pass will post -4.44 EPS for the current fiscal year.

About Society Pass

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.