Epsium Enterprise Limited (NASDAQ:EPSM) Short Interest Update

Epsium Enterprise Limited (NASDAQ:EPSM) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 72,476 shares, an increase of 763.4% from the February 26th total of 8,394 shares. Based on an average daily trading volume, of 567,961 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.5% of the shares of the stock are short sold.

Epsium Enterprise Stock Performance

Shares of EPSM stock traded up $0.08 during mid-day trading on Thursday, reaching $1.48. The stock had a trading volume of 8,324 shares, compared to its average volume of 130,848. The company has a current ratio of 8.93, a quick ratio of 6.24 and a debt-to-equity ratio of 0.01. Epsium Enterprise has a 12-month low of $1.04 and a 12-month high of $155.00. The business has a 50-day simple moving average of $1.75 and a 200 day simple moving average of $10.78.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Epsium Enterprise in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Institutional Trading of Epsium Enterprise

Several large investors have recently modified their holdings of the business. Quadrature Capital Ltd acquired a new position in shares of Epsium Enterprise during the 2nd quarter worth approximately $247,000. PharVision Advisers LLC acquired a new stake in Epsium Enterprise during the 3rd quarter valued at $118,000. Two Sigma Investments LP purchased a new position in Epsium Enterprise during the third quarter worth $112,000. Finally, JPMorgan Chase & Co. acquired a new position in shares of Epsium Enterprise in the third quarter worth $35,000.

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.