YY Group Holding Limited (NASDAQ:YYGH) Sees Large Increase in Short Interest

YY Group Holding Limited (NASDAQ:YYGH) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 28,500 shares, an increase of 448.1% from the August 31st total of 5,200 shares. Based on an average trading volume of 177,600 shares, the short-interest ratio is currently 0.2 days. Approximately 0.4% of the company’s shares are short sold.

YY Group Trading Up 1.9 %

Shares of YYGH stock opened at $1.09 on Wednesday. YY Group has a 1-year low of $0.72 and a 1-year high of $4.70. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.70 and a current ratio of 2.06. The business’s 50-day moving average is $0.85.

YY Group Company Profile

YY Group Holding Limited, a data and technology driven company, provides manpower outsourcing and cleaning services in Singapore and Malaysia. Its cleaning services include commercial cleaning for offices and schools; hospitality cleaning for hotels and shopping centers; industrial cleaning, facade cleaning, disinfection, and stewarding services for meetings, incentives, conferences, and exhibitions, as well as banquets; and pest control services.