Epsium Enterprise Limited (NASDAQ:EPSM) Short Interest Update

Epsium Enterprise Limited (NASDAQ:EPSM) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 107,149 shares, a growth of 3,035.8% from the May 31st total of 3,417 shares. Based on an average daily trading volume, of 6,720,543 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.8% of the company’s stock are sold short.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On Epsium Enterprise

Several hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. bought a new position in shares of Epsium Enterprise during the third quarter valued at $35,000. Two Sigma Investments LP bought a new position in Epsium Enterprise in the 3rd quarter worth about $112,000. Finally, PharVision Advisers LLC purchased a new stake in Epsium Enterprise during the 3rd quarter valued at about $118,000.

Epsium Enterprise Price Performance

Shares of NASDAQ EPSM traded down $0.03 on Thursday, reaching $1.31. 21,275 shares of the company’s stock traded hands, compared to its average volume of 3,845,162. The business’s 50 day simple moving average is $1.38 and its two-hundred day simple moving average is $1.71. Epsium Enterprise has a 12 month low of $0.83 and a 12 month high of $155.00.

Epsium Enterprise (NASDAQ:EPSM) last issued its quarterly earnings results on Wednesday, April 29th. The company reported ($0.03) EPS for the quarter. The firm had revenue of $1.04 million during the quarter.

Epsium Enterprise Company Profile

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.