My Size, Inc. (NASDAQ:MYSZ) Sees Large Decrease in Short Interest

by · The Cerbat Gem

My Size, Inc. (NASDAQ:MYSZ – Get Free Report) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 107,308 shares, a drop of 30.2% from the December 15th total of 153,678 shares. Approximately 2.9% of the shares of the company are short sold. Based on an average daily volume of 59,392 shares, the short-interest ratio is currently 1.8 days. Based on an average daily volume of 59,392 shares, the short-interest ratio is currently 1.8 days. Approximately 2.9% of the shares of the company are short sold.

Hedge Funds Weigh In On My Size

An institutional investor recently bought a new position in My Size stock. Virtu Financial LLC bought a new stake in shares of My Size, Inc. (NASDAQ:MYSZ – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 32,048 shares of the company’s stock, valued at approximately $38,000. Virtu Financial LLC owned approximately 0.98% of My Size as of its most recent SEC filing. 27.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of My Size in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Check Out Our Latest Research Report on MYSZ

My Size Stock Performance

Shares of NASDAQ MYSZ traded down $0.06 during midday trading on Monday, hitting $0.87. 162,893 shares of the company’s stock were exchanged, compared to its average volume of 270,496. My Size has a twelve month low of $0.73 and a twelve month high of $3.15. The stock’s 50 day moving average price is $0.91 and its 200-day moving average price is $1.12. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.72 and a current ratio of 2.73.

My Size (NASDAQ:MYSZ – Get Free Report) last posted its earnings results on Friday, November 14th. The company reported ($0.40) EPS for the quarter. My Size had a negative net margin of 47.39% and a negative return on equity of 51.51%. The business had revenue of $2.57 million during the quarter. As a group, equities analysts anticipate that My Size will post -3.43 earnings per share for the current fiscal year.

About My Size

(Get Free Report)

My Size, Inc (NASDAQ: MYSZ) is a technology company specializing in mobile measurement and dimensioning solutions designed to optimize online shopping and logistics operations. Leveraging proprietary algorithms and smartphone sensors, the company enables consumers to obtain accurate body measurements and apparel fit recommendations, while also providing carriers and warehouses with automated package dimensioning systems. By addressing pain points related to e-commerce returns and shipping inefficiencies, My Size aims to drive cost savings and improve customer satisfaction across the retail and delivery ecosystems.

The company’s flagship offering, MySizeID™, is a mobile application and software development kit (SDK) that integrates with e-commerce platforms to guide shoppers to the correct garment size.

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