eXp World Holdings, Inc. (NASDAQ:EXPI) Short Interest Update

eXp World Holdings, Inc. (NASDAQ:EXPI) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 21,290,000 shares, an increase of 6.9% from the December 15th total of 19,920,000 shares. Approximately 25.6% of the shares of the company are sold short. Based on an average daily volume of 976,400 shares, the short-interest ratio is presently 21.8 days.

eXp World Trading Down 2.7 %

Shares of eXp World stock traded down $0.31 on Friday, reaching $11.23. 1,055,286 shares of the stock were exchanged, compared to its average volume of 1,312,980. The firm has a market capitalization of $1.72 billion, a PE ratio of -51.05 and a beta of 2.30. eXp World has a 1-year low of $8.91 and a 1-year high of $15.39. The business has a fifty day moving average price of $12.57 and a two-hundred day moving average price of $12.89.

eXp World Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, November 18th were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.78%. The ex-dividend date of this dividend was Monday, November 18th. eXp World’s payout ratio is -90.91%.

Insider Buying and Selling

In related news, insider James Bramble sold 25,000 shares of eXp World stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $14.05, for a total value of $351,250.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Glenn Darrel Sanford sold 40,000 shares of the company’s stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $12.88, for a total transaction of $515,200.00. Following the transaction, the chief executive officer now owns 40,589,780 shares of the company’s stock, valued at approximately $522,796,366.40. The trade was a 0.10 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 560,736 shares of company stock worth $7,398,190 in the last 90 days. Company insiders own 28.85% of the company’s stock.

Hedge Funds Weigh In On eXp World

A number of large investors have recently modified their holdings of the business. Millennium Management LLC grew its holdings in eXp World by 91.7% during the second quarter. Millennium Management LLC now owns 1,377,365 shares of the technology company’s stock worth $15,544,000 after acquiring an additional 659,012 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of eXp World by 16.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,288,349 shares of the technology company’s stock worth $18,153,000 after purchasing an additional 183,823 shares in the last quarter. Algert Global LLC grew its stake in shares of eXp World by 147.6% during the 3rd quarter. Algert Global LLC now owns 296,085 shares of the technology company’s stock worth $4,172,000 after purchasing an additional 176,509 shares during the period. FMR LLC increased its holdings in shares of eXp World by 4,338.7% in the 3rd quarter. FMR LLC now owns 123,885 shares of the technology company’s stock valued at $1,746,000 after purchasing an additional 121,094 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of eXp World by 5.6% in the third quarter. Geode Capital Management LLC now owns 2,211,172 shares of the technology company’s stock valued at $31,161,000 after purchasing an additional 118,210 shares during the period. 27.17% of the stock is owned by hedge funds and other institutional investors.

eXp World Company Profile

eXp World Holdings, Inc, together with its subsidiaries, provides cloud-based real estate brokerage services for residential homeowners and homebuyers. The company operates through North American Realty, International Realty, Virbela, and Other Affiliated Services segments. It provides Virbela, a cloud-based technologies that provides data, lead generation, and marketing tools for real estate agents and employees.