Epsium Enterprise Limited (NASDAQ:EPSM) Short Interest Down 37.4% in June

Epsium Enterprise Limited (NASDAQ:EPSM) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 67,066 shares, a decline of 37.4% from the June 15th total of 107,149 shares. Based on an average trading volume of 34,969 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.5% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Epsium Enterprise in a research note on Wednesday, June 24th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Epsium Enterprise Stock Performance

EPSM stock opened at $1.19 on Friday. Epsium Enterprise has a one year low of $0.83 and a one year high of $155.00. The firm’s fifty day moving average is $1.36 and its 200 day moving average is $1.58.

Epsium Enterprise (NASDAQ:EPSM) last posted its earnings results on Wednesday, April 29th. The company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $1.04 million for the quarter.

Institutional Investors Weigh In On Epsium Enterprise

Institutional investors have recently added to or reduced their stakes in the stock. PharVision Advisers LLC acquired a new position in Epsium Enterprise during the third quarter worth $118,000. Two Sigma Investments LP acquired a new position in shares of Epsium Enterprise during the 3rd quarter worth about $112,000. Finally, JPMorgan Chase & Co. acquired a new stake in Epsium Enterprise in the 3rd quarter worth about $35,000.

Epsium Enterprise Company Profile

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.