Compass

COMP

Compass, Inc. operates a residential real estate brokerage in the United States. It has approximately 28,000 agents, who are generally independent contractors, on its platform.In 2022, the company closed 211,538 transactions for a gross dollar value of $230.3 billion. It had a market share in the U.S. of 4.5%. SoftBank Vision Fund owns 30.1% of the company.For its customers who sell their homes, in addition to regular brokerage services, the company provides access to loans to make home improvements and access to bridge loans to fund down payments on new homes before the customers' previous home is sold.

Compass has been a target of short sellers for a while. The current short interest of 5.34% is roughly at the average of the last 12 months (6.00%).