My Size, Inc. (NASDAQ:MYSZ) Short Interest Update

My Size, Inc. (NASDAQ:MYSZ) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 573,400 shares, an increase of 4,211.3% from the March 15th total of 13,300 shares. Based on an average trading volume of 1,220,000 shares, the short-interest ratio is currently 0.5 days. Currently, 97.0% of the shares of the stock are sold short.

My Size Stock Performance

NASDAQ:MYSZ opened at $1.31 on Wednesday. The company has a current ratio of 2.49, a quick ratio of 1.56 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $2.77 million, a P/E ratio of -0.19 and a beta of 0.10. The firm has a 50-day moving average price of $1.44 and a two-hundred day moving average price of $1.85. My Size has a twelve month low of $1.01 and a twelve month high of $9.40.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in My Size stock. National Bank of Canada FI bought a new stake in shares of My Size, Inc. (NASDAQ:MYSZ) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 12,918 shares of the company’s stock, valued at approximately $55,000. National Bank of Canada FI owned about 1.03% of My Size as of its most recent filing with the SEC. 27.71% of the stock is currently owned by institutional investors.

About My Size

My Size, Inc, an omnichannel e-commerce platform, provides AI-driven software as a service measurement solutions for fashion ecommerce companies in Israel, Spain, and internationally. It operates through Fashion and Equipment E-Commerce Platform, and SaaS Solutions segments. The company offers Size Form, which generates accurate measurements to find proper fitting clothes and accessories; First Look Smart Mirror, a solution for brick and mortar stores that allows customers to filter the whole physical store by their size and fit; Smart Catalogue, a solution that suggests the launch of new sizes, detects new product niches, and allows brands to adapt their assortment to their customer base; and True Feedback solution.