Epsium Enterprise Limited (NASDAQ:EPSM) Shares Shorted: Short Interest Up 80.8% in October

Epsium Enterprise Limited (NASDAQ:EPSM) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 29,063 shares, a growth of 80.8% from the September 30th total of 16,073 shares. Based on an average daily volume of 54,644 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the company’s stock are sold short.

Epsium Enterprise Stock Up 0.4%

Shares of NASDAQ EPSM opened at $0.82 on Tuesday. Epsium Enterprise has a 1-year low of $0.77 and a 1-year high of $14.53. The company has a fifty day moving average price of $1.23 and a 200 day moving average price of $1.43.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Epsium Enterprise in a research note on Monday, September 21st. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Epsium Enterprise presently has a consensus rating of “Sell”.

About Epsium Enterprise

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.