My Size, Inc. (NASDAQ:MYSZ – Get Free Report) saw a significant drop in short interest in September. As of September 30th, there was short interest totalling 13,000 shares, a drop of 41.2% from the September 15th total of 22,100 shares. Based on an average trading volume of 52,700 shares, the days-to-cover ratio is currently 0.2 days. Approximately 2.3% of the shares of the company are short sold.
Hedge Funds Weigh In On My Size
A hedge fund recently bought a new stake in My Size stock. Armistice Capital LLC acquired a new position in shares of My Size, Inc. (NASDAQ:MYSZ – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 26,000 shares of the company’s stock, valued at approximately $69,000. Armistice Capital LLC owned about 4.06% of My Size as of its most recent filing with the Securities and Exchange Commission (SEC). 27.71% of the stock is owned by institutional investors.
My Size Stock Performance
Shares of NASDAQ:MYSZ opened at $1.49 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.94 and a quick ratio of 2.09. The business’s 50 day moving average price is $1.85 and its 200-day moving average price is $2.89. The firm has a market capitalization of $1.59 million, a PE ratio of -0.16 and a beta of 0.90. My Size has a 1 year low of $1.47 and a 1 year high of $8.80.
Analysts Set New Price Targets
Separately, HC Wainwright reiterated a “buy” rating and set a $5.00 price target on shares of My Size in a research report on Wednesday, August 21st.
Read Our Latest Stock Report on MYSZ
About My Size
My Size, Inc, an omnichannel e-commerce platform, provides AI-driven apparel sizing and digital solutions for online shopping and physical stores in Israel. The company operates through three segments: Fashion and Equipment E-Commerce Platform; SaaS Solutions; and Naiz. It offers MySizeID, an application that enables consumers to create an online profile of their personal measurements to get the right fit; BoxSize, a parcel measurement application that allows consumers to measure the size of their parcel with their smartphone, calculate shipping costs, and arrange for a convenient pick-up time for the package; and SizeUp, a digital tape measure that allows users to measure length, width, and height of a surface by moving their smartphone from point to point of an object or space.
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