Perfect Corp. (NYSE:PERF) Sees Significant Increase in Short Interest

Perfect Corp. (NYSE:PERF - Get Free Report) was the target of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 23,000 shares, a growth of 48.4% from the May 15th total of 15,500 shares. Based on an average trading volume of 93,200 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Perfect from a "hold" rating to a "buy" rating in a report on Saturday, June 7th.

Perfect Price Performance

Shares of NYSE:PERF traded up $0.25 during trading on Monday, reaching $2.07. The company had a trading volume of 1,384,499 shares, compared to its average volume of 174,958. The firm has a market capitalization of $175.65 million, a price-to-earnings ratio of 29.50 and a beta of 0.37. Perfect has a 12 month low of $1.51 and a 12 month high of $3.44.

About Perfect

Perfect Corp. is a software as a service technology company, which engages in the business of developing makeup virtual try-on solutions. Its solutions include virtual try-ons for makeup, nail art, hairstyles, beard dye and styling, eyewear, jewelry, advanced skin diagnostic technology, foundation shade finder, and interactive artificial reality makeup application tutorial platform.

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