Short Interest in Real Messenger Corporation (NASDAQ:RMSG) Drops By 73.0%

Real Messenger Corporation (NASDAQ:RMSG) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 259,119 shares, a decrease of 73.0% from the April 15th total of 958,203 shares. Based on an average daily trading volume, of 6,436,990 shares, the short-interest ratio is presently 0.0 days. Currently, 5.5% of the shares of the company are sold short.

Institutional Investors Weigh In On Real Messenger

A hedge fund recently bought a new stake in Real Messenger stock. Citadel Advisors LLC bought a new position in shares of Real Messenger Corporation (NASDAQ:RMSG) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 18,823 shares of the company’s stock, valued at approximately $48,000. Citadel Advisors LLC owned 0.21% of Real Messenger as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 37.44% of the company’s stock.

Real Messenger Trading Down 2.0%

Shares of RMSG traded down $0.03 during mid-day trading on Wednesday, hitting $1.44. 240,039 shares of the company’s stock were exchanged, compared to its average volume of 10,166,649. Real Messenger has a fifty-two week low of $0.33 and a fifty-two week high of $5.46. The firm has a market capitalization of $12.77 million, a P/E ratio of -144.00 and a beta of 0.70. The business’s 50 day moving average is $1.09 and its two-hundred day moving average is $1.34.

About Real Messenger

Real Messenger Holdings Limited is a real estate technology platform. The company is transforming real estate engagement by connecting agents, buyers, sellers and other industry participants within a unified, social platform. Real Messenger Holdings Limited, formerly known as Nova Vision Acquisition Corp., is based in COSTA MESA, Calif.