Short Interest in Epsium Enterprise Limited (NASDAQ:EPSM) Drops By 39.0%

Epsium Enterprise Limited (NASDAQ:EPSMGet Free Report) was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 7,848 shares, a decrease of 39.0% from the April 30th total of 12,873 shares. Based on an average daily volume of 38,808 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Epsium Enterprise Stock Performance

EPSM stock traded down $0.03 during midday trading on Wednesday, reaching $1.38. 55,934 shares of the company’s stock traded hands, compared to its average volume of 84,531. The firm’s fifty day moving average price is $1.36 and its 200-day moving average price is $1.93. Epsium Enterprise has a 52 week low of $1.04 and a 52 week high of $155.00.

Institutional Investors Weigh In On Epsium Enterprise

Several hedge funds and other institutional investors have recently made changes to their positions in EPSM. PharVision Advisers LLC acquired a new stake in shares of Epsium Enterprise in the 3rd quarter worth about $118,000. Two Sigma Investments LP bought a new position in Epsium Enterprise in the 3rd quarter valued at about $112,000. Finally, JPMorgan Chase & Co. acquired a new position in Epsium Enterprise during the 3rd quarter valued at about $35,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Epsium Enterprise in a research report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Epsium Enterprise presently has a consensus rating of “Sell”.

Read Our Latest Research Report on Epsium Enterprise

Epsium Enterprise Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Epsium Enterprise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Epsium Enterprise and related companies with MarketBeat.com's FREE daily email newsletter.