Epsium Enterprise Limited (NASDAQ:EPSM) Short Interest Update

Epsium Enterprise Limited (NASDAQ:EPSM) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 141,200 shares, a decrease of 38.2% from the December 15th total of 228,461 shares. Based on an average daily trading volume, of 63,344 shares, the short-interest ratio is currently 2.2 days. Currently, 1.1% of the shares of the company are short sold. Currently, 1.1% of the shares of the company are short sold. Based on an average daily trading volume, of 63,344 shares, the short-interest ratio is currently 2.2 days.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of EPSM. JPMorgan Chase & Co. purchased a new stake in Epsium Enterprise in the 3rd quarter worth $35,000. Two Sigma Investments LP bought a new position in shares of Epsium Enterprise in the third quarter worth about $112,000. PharVision Advisers LLC purchased a new stake in shares of Epsium Enterprise during the third quarter worth about $118,000. Finally, Quadrature Capital Ltd purchased a new stake in shares of Epsium Enterprise during the second quarter worth about $247,000.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Epsium Enterprise in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Epsium Enterprise Stock Up 3.6%

NASDAQ EPSM traded up $0.08 on Friday, reaching $2.30. 11,465 shares of the stock were exchanged, compared to its average volume of 50,734. The company has a debt-to-equity ratio of 0.01, a current ratio of 8.93 and a quick ratio of 6.24. Epsium Enterprise has a one year low of $1.31 and a one year high of $155.00. The company’s 50-day simple moving average is $2.78 and its two-hundred day simple moving average is $16.84.

About Epsium Enterprise

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.