Real Messenger Corporation (NASDAQ:RMSG) Short Interest Update

Real Messenger Corporation (NASDAQ:RMSG) was the target of a large increase in short interest in April. As of April 15th, there was short interest totaling 958,203 shares, an increase of 69.2% from the March 31st total of 566,438 shares. Approximately 20.2% of the shares of the stock are sold short. Based on an average daily volume of 51,528,368 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Real Messenger

A hedge fund recently bought a new stake in Real Messenger stock. Citadel Advisors LLC purchased a new position in Real Messenger Corporation (NASDAQ:RMSG) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 18,823 shares of the company’s stock, valued at approximately $48,000. Citadel Advisors LLC owned approximately 0.21% of Real Messenger as of its most recent SEC filing. Institutional investors own 37.44% of the company’s stock.

Real Messenger Price Performance

Shares of RMSG stock opened at $1.84 on Monday. The stock has a market cap of $16.32 million, a P/E ratio of -184.00 and a beta of -0.52. Real Messenger has a 52 week low of $0.33 and a 52 week high of $5.46. The company’s fifty day simple moving average is $0.92 and its two-hundred day simple moving average is $1.40.

About Real Messenger

Real Messenger Holdings Limited is a real estate technology platform. The company is transforming real estate engagement by connecting agents, buyers, sellers and other industry participants within a unified, social platform. Real Messenger Holdings Limited, formerly known as Nova Vision Acquisition Corp., is based in COSTA MESA, Calif.