My Size, Inc. (NASDAQ:MYSZ) Sees Significant Decrease in Short Interest

My Size, Inc. (NASDAQ:MYSZ) was the recipient of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 191,653 shares, a decline of 21.0% from the January 15th total of 242,749 shares. Based on an average daily trading volume, of 141,820 shares, the short-interest ratio is presently 1.4 days. Approximately 5.2% of the company’s stock are sold short. Approximately 5.2% of the company’s stock are sold short. Based on an average daily trading volume, of 141,820 shares, the short-interest ratio is presently 1.4 days.

Institutional Trading of My Size

A hedge fund recently bought a new stake in My Size stock. Virtu Financial LLC bought a new stake in My Size, Inc. (NASDAQ:MYSZ) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 32,048 shares of the company’s stock, valued at approximately $38,000. Virtu Financial LLC owned 0.98% of My Size as of its most recent filing with the SEC. Hedge funds and other institutional investors own 27.71% of the company’s stock.

My Size Stock Up 0.3%

Shares of NASDAQ:MYSZ traded up $0.00 during midday trading on Monday, reaching $0.57. The company had a trading volume of 53,108 shares, compared to its average volume of 99,289. The company has a quick ratio of 1.72, a current ratio of 2.73 and a debt-to-equity ratio of 0.11. The business’s 50 day moving average price is $0.81 and its 200 day moving average price is $1.04. The stock has a market cap of $2.20 million, a PE ratio of -0.54 and a beta of -0.29. My Size has a 1-year low of $0.50 and a 1-year high of $3.04.

My Size (NASDAQ:MYSZ) last issued its quarterly earnings results on Friday, November 14th. The company reported ($0.40) EPS for the quarter. The company had revenue of $2.57 million for the quarter. My Size had a negative net margin of 47.39% and a negative return on equity of 51.51%. Research analysts forecast that My Size will post -3.43 EPS for the current fiscal year.

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.