Short Interest in Epsium Enterprise Limited (NASDAQ:EPSM) Decreases By 38.2%

Epsium Enterprise Limited (NASDAQ:EPSM) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 141,200 shares, a drop of 38.2% from the December 15th total of 228,461 shares. Approximately 1.1% of the shares of the company are sold short. Based on an average trading volume of 63,344 shares, the days-to-cover ratio is presently 2.2 days. Based on an average trading volume of 63,344 shares, the days-to-cover ratio is presently 2.2 days. Approximately 1.1% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Epsium Enterprise in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Institutional Trading of Epsium Enterprise

Large investors have recently added to or reduced their stakes in the business. Quadrature Capital Ltd purchased a new stake in Epsium Enterprise during the second quarter valued at approximately $247,000. PharVision Advisers LLC bought a new stake in shares of Epsium Enterprise during the 3rd quarter valued at $118,000. Two Sigma Investments LP bought a new stake in shares of Epsium Enterprise during the 3rd quarter valued at $112,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of Epsium Enterprise in the 3rd quarter worth $35,000.

Epsium Enterprise Stock Performance

NASDAQ:EPSM traded up $0.08 on Friday, hitting $2.30. The stock had a trading volume of 11,465 shares, compared to its average volume of 50,734. 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 business’s 50-day simple moving average is $2.78 and its two-hundred day simple moving average is $16.84. Epsium Enterprise has a 52-week low of $1.31 and a 52-week high of $155.00.

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.