Epsium Enterprise Limited (NASDAQ:EPSM) Short Interest Down 38.2% in December

Epsium Enterprise Limited (NASDAQ:EPSM) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 141,200 shares, a decline of 38.2% from the December 15th total of 228,461 shares. Based on an average daily volume of 63,344 shares, the days-to-cover ratio is presently 2.2 days. Currently, 1.1% of the shares of the company are sold short. Currently, 1.1% of the shares of the company are sold short. Based on an average daily volume of 63,344 shares, the days-to-cover ratio is presently 2.2 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Epsium Enterprise in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

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

Epsium Enterprise Stock Performance

NASDAQ:EPSM traded up $0.08 during trading hours on Friday, reaching $2.30. The company had a trading volume of 11,465 shares, compared to its average volume of 50,734. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.24 and a current ratio of 8.93. The stock has a 50-day moving average of $2.78 and a two-hundred day moving average of $16.84. Epsium Enterprise has a one year low of $1.31 and a one year high of $155.00.

About Epsium Enterprise

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.