Short Interest in Epsium Enterprise Limited (NASDAQ:EPSM) Declines By 53.0%

Epsium Enterprise Limited (NASDAQ:EPSM) was the target of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 12,341 shares, a decrease of 53.0% from the January 29th total of 26,258 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 36,126 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 36,126 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Trading of Epsium Enterprise

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Quadrature Capital Ltd purchased a new stake in Epsium Enterprise during the 2nd quarter worth about $247,000. JPMorgan Chase & Co. acquired a new stake in shares of Epsium Enterprise during the 3rd quarter worth about $35,000. Two Sigma Investments LP purchased a new stake in Epsium Enterprise during the third quarter worth approximately $112,000. Finally, PharVision Advisers LLC acquired a new position in Epsium Enterprise in the third quarter valued at approximately $118,000.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Epsium Enterprise in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Epsium Enterprise Trading Down 2.6%

Shares of NASDAQ:EPSM traded down $0.04 during trading hours on Friday, reaching $1.32. The stock had a trading volume of 10,098 shares, compared to its average volume of 30,436. Epsium Enterprise has a 1 year low of $1.30 and a 1 year high of $155.00. The firm’s 50 day moving average is $1.97 and its 200-day moving average is $13.51. 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 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.