Epsium Enterprise Limited (NASDAQ:EPSM – Get Free Report) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 18,853 shares, a growth of 103.8% from the August 31st total of 9,251 shares. Based on an average trading volume of 34,947 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.
Epsium Enterprise Price Performance
Epsium Enterprise stock traded down $0.09 during trading on Tuesday, reaching $1.24. The company had a trading volume of 33,380 shares, compared to its average volume of 551,582. The firm’s 50-day simple moving average is $1.41 and its 200 day simple moving average is $1.41. Epsium Enterprise has a 1-year low of $0.83 and a 1-year high of $42.45.
Analysts Set New Price Targets
Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Epsium Enterprise in a report on Monday, September 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average 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.
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