Short Interest in Myseum, Inc. (NASDAQ:MYSE) Declines By 43.7%

Myseum, Inc. (NASDAQ:MYSE) was the recipient of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 60,847 shares, a decrease of 43.7% from the February 12th total of 108,036 shares. Based on an average daily volume of 25,125 shares, the short-interest ratio is presently 2.4 days. Currently, 1.5% of the shares of the stock are sold short. Currently, 1.5% of the shares of the stock are sold short. Based on an average daily volume of 25,125 shares, the short-interest ratio is presently 2.4 days.

Hedge Funds Weigh In On Myseum

A hedge fund recently bought a new stake in Myseum stock. XTX Topco Ltd purchased a new stake in Myseum, Inc. (NASDAQ:MYSE) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 15,849 shares of the company’s stock, valued at approximately $40,000. XTX Topco Ltd owned approximately 0.32% of Myseum as of its most recent SEC filing. Institutional investors and hedge funds own 0.92% of the company’s stock.

Wall Street Analyst Weigh In

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

Myseum Stock Down 3.4%

Myseum stock traded down $0.06 during mid-day trading on Friday, hitting $1.72. 40,968 shares of the company were exchanged, compared to its average volume of 57,773. The company has a market capitalization of $7.33 million, a PE ratio of -1.42 and a beta of 2.00. The business has a fifty day moving average of $1.86 and a 200 day moving average of $2.14. Myseum has a 1-year low of $1.60 and a 1-year high of $5.93.

About Myseum

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.