MoneyHero Limited (NASDAQ:MNY) Short Interest Update

Key Points

• Short interest rose 30.6% in March to 177,899 shares (about 0.5% of shares) with a short-interest ratio of 4.7 days based on average volume.
• Shares traded up to $1.32, the stock has a market cap of $55.32 million, a 12‑month range of $0.66–$2.40 and a negative PE of -1.89.
• Institutional ownership is 30.86% (Renaissance increased its stake to 124,611 shares), and analysts hold a consensus “Hold” rating with a $4.00 consensus price target.

MoneyHero Limited (NASDAQ:MNY - Get Free Report) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 177,899 shares, an increase of 30.6% from the March 15th total of 136,266 shares. Based on an average trading volume of 37,723 shares, the short-interest ratio is currently 4.7 days. Approximately 0.5% of the company's shares are short sold.

MoneyHero Trading Up 0.8%

Shares of MNY traded up $0.01 during trading on Thursday, reaching $1.32. 11,047 shares of the company traded hands, compared to its average volume of 26,855. MoneyHero has a twelve month low of $0.66 and a twelve month high of $2.40. The stock has a market cap of $55.32 million, a PE ratio of -1.89 and a beta of 1.26. The stock has a 50-day simple moving average of $1.36 and a 200-day simple moving average of $1.32. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 0.01.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in MNY. PFG Investments LLC acquired a new position in shares of MoneyHero in the third quarter valued at approximately $47,000. Virtu Financial LLC acquired a new position in shares of MoneyHero in the third quarter valued at approximately $38,000. Finally, Renaissance Technologies LLC grew its holdings in shares of MoneyHero by 20.9% in the fourth quarter. Renaissance Technologies LLC now owns 124,611 shares of the company's stock valued at $157,000 after purchasing an additional 21,500 shares in the last quarter. Institutional investors and hedge funds own 30.86% of the company's stock.

Analysts Set New Price Targets

MNY has been the subject of a number of recent analyst reports. Zacks Research upgraded shares of MoneyHero from a "strong sell" rating to a "hold" rating in a research report on Tuesday, March 10th. Weiss Ratings reiterated a "sell (d-)" rating on shares of MoneyHero in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $4.00.

MoneyHero Company Profile

MoneyHero Group Ltd NASDAQ: MNY operates an online comparison marketplace that helps consumers research, compare and select a broad array of financial and lifestyle products. Through its digital platform, MoneyHero presents side-by-side comparisons for credit cards, personal loans, mortgages, various insurance policies, broadband and mobile plans, as well as utility services. The site features interactive tools such as personalized calculators, user reviews and curated offer alerts, designed to simplify complex product information and enhance consumer decision making.

Founded in Hong Kong in 2014, MoneyHero has expanded its presence to serve customers in Singapore and Malaysia.

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