Epsium Enterprise Limited (NASDAQ:EPSM) Short Interest Down 27.6% in December

Epsium Enterprise Limited (NASDAQ:EPSM) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 228,461 shares, a decrease of 27.6% from the November 30th total of 315,769 shares. Based on an average trading volume of 193,260 shares, the days-to-cover ratio is currently 1.2 days. Approximately 1.7% of the shares of the stock are short sold. Approximately 1.7% of the shares of the stock are short sold. Based on an average trading volume of 193,260 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Trading of Epsium Enterprise

Hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. acquired a new stake in Epsium Enterprise in the third quarter worth $35,000. Murchinson Ltd. bought a new stake in shares of Epsium Enterprise in the first quarter worth about $53,000. Two Sigma Investments LP acquired a new stake in shares of Epsium Enterprise during the third quarter worth about $112,000. PharVision Advisers LLC acquired a new position in shares of Epsium Enterprise in the 3rd quarter valued at approximately $118,000. Finally, Quadrature Capital Ltd acquired a new stake in Epsium Enterprise during the 2nd quarter worth approximately $247,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Epsium Enterprise in a research note on Monday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Epsium Enterprise currently has a consensus rating of “Sell”.

Epsium Enterprise Price Performance

NASDAQ EPSM traded down $0.14 during trading hours on Wednesday, hitting $2.00. The company’s stock had a trading volume of 93,670 shares, compared to its average volume of 797,830. Epsium Enterprise has a twelve month low of $1.31 and a twelve month high of $155.00. The company has a current ratio of 8.93, a quick ratio of 6.24 and a debt-to-equity ratio of 0.01. The stock has a fifty day moving average of $5.80 and a 200 day moving average of $18.34.

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.