My Size, Inc. (NASDAQ:MYSZ) Short Interest Update

My Size, Inc. (NASDAQ:MYSZ) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 20,105 shares, a decline of 76.0% from the May 14th total of 83,869 shares. Based on an average daily volume of 86,902 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.5% of the shares of the company are short sold.

My Size Price Performance

My Size stock traded down $0.05 during midday trading on Friday, hitting $0.42. The company’s stock had a trading volume of 69,152 shares, compared to its average volume of 99,335. The company has a quick ratio of 0.76, a current ratio of 1.69 and a debt-to-equity ratio of 0.20. The stock’s 50-day moving average price is $0.57 and its 200-day moving average price is $0.69. My Size has a 12 month low of $0.42 and a 12 month high of $1.65. The company has a market capitalization of $2.02 million, a PE ratio of -0.24 and a beta of -0.10.

My Size (NASDAQ:MYSZ) last posted its quarterly earnings data on Thursday, May 14th. The company reported ($0.31) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.32) by $0.01. The firm had revenue of $2.39 million for the quarter, compared to the consensus estimate of $3.50 million. My Size had a negative return on equity of 105.26% and a negative net margin of 60.99%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of My Size in a research note on Friday, April 10th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Institutional Inflows and Outflows

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) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 32,048 shares of the company’s stock, valued at approximately $38,000. Virtu Financial LLC owned approximately 0.98% of My Size at the end of the most recent reporting period. 27.71% of the stock is currently owned by institutional investors.

About My Size

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.