Epsium Enterprise Limited (NASDAQ:EPSM) Short Interest Down 27.5% in April

Epsium Enterprise Limited (NASDAQ:EPSMGet Free Report) was the recipient of a large drop in short interest in the month of April. As of April 15th, there was short interest totaling 15,326 shares, a drop of 27.5% from the March 31st total of 21,146 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 10,963 shares, the short-interest ratio is currently 1.4 days.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Epsium Enterprise in a research report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on Epsium Enterprise

Hedge Funds Weigh In On Epsium Enterprise

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EPSM. PharVision Advisers LLC purchased a new position in Epsium Enterprise in the 3rd quarter valued at approximately $118,000. Two Sigma Investments LP purchased a new position in Epsium Enterprise in the 3rd quarter valued at approximately $112,000. Finally, JPMorgan Chase & Co. purchased a new position in Epsium Enterprise in the 3rd quarter valued at approximately $35,000.

Epsium Enterprise Stock Performance

EPSM stock traded up $0.04 during midday trading on Thursday, hitting $1.42. The company’s stock had a trading volume of 12,278 shares, compared to its average volume of 96,935. Epsium Enterprise has a 52-week low of $1.04 and a 52-week high of $155.00. The firm has a 50-day simple moving average of $1.47 and a 200-day simple moving average of $4.65.

About Epsium Enterprise

(Get Free Report)

We are a holding company incorporated under the laws of British Virgin Islands. As a holding company with no material operation of its own, we conduct substantially all our operations through an indirect Macau subsidiary, Companhia de Comercio Luz Limitada in Macau, or Luz. Luz is an 80%-owned subsidiary of Epsium Enterprise Limited in Hong Kong, or Epsium HK. Mr. Son I Tam, our CEO, Chairman, principal shareholder, and the founder of Epsium and Luz directly holds (i) 89.996% ownership interest in Epsium, (ii) 19% interest in Epsium HK, and (iii) 20% ownership interest in Luz.

Further Reading

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