Real Messenger Corporation (NASDAQ:RMSG) Short Interest Down 75.0% in March

Real Messenger Corporation (NASDAQ:RMSG) saw a significant decrease in short interest in March. As of March 13th, there was short interest totaling 38,549 shares, a decrease of 75.0% from the February 26th total of 154,465 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 56,720 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 56,720 shares, the short-interest ratio is currently 0.7 days. Currently, 0.8% of the shares of the stock are sold short.

Real Messenger Stock Down 18.2%

RMSG opened at $0.35 on Wednesday. The firm has a market cap of $3.08 million, a PE ratio of -34.72 and a beta of -0.60. The business has a fifty day simple moving average of $0.76 and a 200-day simple moving average of $1.60. Real Messenger has a fifty-two week low of $0.33 and a fifty-two week high of $5.46.

Hedge Funds Weigh In On Real Messenger

An institutional investor recently bought a new position in Real Messenger stock. Citadel Advisors LLC acquired a new position in shares of Real Messenger Corporation (NASDAQ:RMSG) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 18,823 shares of the company’s stock, valued at approximately $48,000. Citadel Advisors LLC owned 0.21% of Real Messenger at the end of the most recent quarter. 37.44% of the stock is currently owned by hedge funds and other institutional investors.

About Real Messenger

Real Messenger Holdings Limited is a real estate technology platform. The company is transforming real estate engagement by connecting agents, buyers, sellers and other industry participants within a unified, social platform. Real Messenger Holdings Limited, formerly known as Nova Vision Acquisition Corp., is based in COSTA MESA, Calif.