My Size, Inc. (NASDAQ:MYSZ – Get Free Report) was the recipient of a large decrease in short interest in May. As of May 29th, there was short interest totaling 20,105 shares, a decrease 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 presently 0.2 days. Currently, 0.5% of the shares of the stock are sold short.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of My Size in a report on Friday, April 10th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.
View Our Latest Stock Report on My Size
My Size Stock Performance
My Size (NASDAQ:MYSZ – Get Free Report) last issued its earnings results on Thursday, May 14th. The company reported ($0.31) earnings per share for the quarter, beating the consensus estimate of ($0.32) by $0.01. The company had revenue of $2.39 million during the quarter, compared to analysts’ expectations of $3.50 million. My Size had a negative return on equity of 105.26% and a negative net margin of 60.99%.
Institutional Investors Weigh In On My Size
An institutional investor recently bought a new position in My Size stock. Virtu Financial LLC bought a new stake in shares of My Size, Inc. (NASDAQ:MYSZ – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 32,048 shares of the company’s stock, valued at approximately $38,000. Virtu Financial LLC owned 0.98% of My Size at the end of the most recent reporting period. Institutional investors and hedge funds own 27.71% of the company’s stock.
My Size Company Profile
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.
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