Short Interest in My Size, Inc. (NASDAQ:MYSZ) Rises By 126.2%

My Size, Inc. (NASDAQ:MYSZ) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 242,749 shares, a growth of 126.2% from the December 31st total of 107,308 shares. Currently, 6.5% of the shares of the stock are short sold. Based on an average trading volume of 464,903 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 464,903 shares, the days-to-cover ratio is presently 0.5 days. Currently, 6.5% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of My Size in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

My Size Trading Down 3.7%

NASDAQ MYSZ traded down $0.03 during trading on Thursday, reaching $0.80. 61,490 shares of the stock traded hands, compared to its average volume of 306,654. The firm has a market cap of $3.07 million, a price-to-earnings ratio of -0.75 and a beta of -0.31. The stock’s 50-day moving average price is $0.88 and its 200 day moving average price is $1.10. The company has a quick ratio of 1.72, a current ratio of 2.73 and a debt-to-equity ratio of 0.11. My Size has a fifty-two week low of $0.73 and a fifty-two week high of $3.04.

My Size (NASDAQ:MYSZ) last posted its earnings results on Friday, November 14th. The company reported ($0.40) earnings per share for the quarter. The firm had revenue of $2.57 million during the quarter. My Size had a negative return on equity of 51.51% and a negative net margin of 47.39%. Analysts predict that My Size will post -3.43 EPS for the current year.

Institutional Investors Weigh In On My Size

A hedge fund recently bought a new stake in My Size stock. Virtu Financial LLC acquired a new position in shares of My Size, Inc. (NASDAQ:MYSZ) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 32,048 shares of the company’s stock, valued at approximately $38,000. Virtu Financial LLC owned 0.98% of My Size at the end of the most recent reporting period. Hedge funds and other institutional investors own 27.71% of the company’s stock.

My Size Company Profile

My Size, Inc (NASDAQ: MYSZ) is a technology company specializing in mobile measurement and dimensioning solutions designed to optimize online shopping and logistics operations. Leveraging proprietary algorithms and smartphone sensors, the company enables consumers to obtain accurate body measurements and apparel fit recommendations, while also providing carriers and warehouses with automated package dimensioning systems. By addressing pain points related to e-commerce returns and shipping inefficiencies, My Size aims to drive cost savings and improve customer satisfaction across the retail and delivery ecosystems.

The company’s flagship offering, MySizeID™, is a mobile application and software development kit (SDK) that integrates with e-commerce platforms to guide shoppers to the correct garment size.