Short Interest in Myseum, Inc. (NASDAQ:MYSE) Increases By 68.4%

Myseum, Inc. (NASDAQ:MYSE) was the target of a large growth in short interest in March. As of March 31st, there was short interest totaling 114,116 shares, a growth of 68.4% from the March 15th total of 67,747 shares. Based on an average daily trading volume, of 50,633 shares, the short-interest ratio is presently 2.3 days. Approximately 2.9% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Myseum stock. XTX Topco Ltd bought a new stake in Myseum, Inc. (NASDAQ:MYSE) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 15,849 shares of the company’s stock, valued at approximately $40,000. XTX Topco Ltd owned approximately 0.32% of Myseum at the end of the most recent quarter. 0.92% of the stock is owned by institutional investors and hedge funds.

Myseum Price Performance

NASDAQ:MYSE traded up $0.09 on Monday, reaching $1.42. The stock had a trading volume of 47,132 shares, compared to its average volume of 58,018. The company has a market cap of $6.13 million, a price-to-earnings ratio of -1.17 and a beta of 2.01. The firm’s fifty day moving average is $1.72 and its two-hundred day moving average is $2.06. Myseum has a 12-month low of $1.31 and a 12-month high of $3.65.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Myseum in a research report on Friday, March 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Myseum Company Profile

Myseum, Inc (formerly DatChat Inc) is a security- and privacy-first social media and technology company focused on innovative and creative user platforms. Its flagship platform is Myseum, your Free Timeless Digital Shoebox Social Network that makes it easier to share your photos and videos both today, and for generations to come.