Epsium Enterprise Limited (NASDAQ:EPSM) Sees Large Decrease in Short Interest

Epsium Enterprise Limited (NASDAQ:EPSM – Get Free Report) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 9,251 shares, a drop of 49.4% from the August 15th total of 18,285 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 11,326 shares, the days-to-cover ratio is presently 0.8 days.

Analyst Upgrades and Downgrades

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

Get Epsium Enterprise alerts:

Check Out Our Latest Research Report on EPSM

Epsium Enterprise Stock Performance

Shares of NASDAQ:EPSM traded down $0.02 during midday trading on Tuesday, hitting $1.32. 21,608 shares of the stock traded hands, compared to its average volume of 22,815. The business’s 50 day moving average is $1.39 and its two-hundred day moving average is $1.41. Epsium Enterprise has a one year low of $0.83 and a one year high of $42.51.

Epsium Enterprise (NASDAQ:EPSM – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $1.04 million during the quarter.

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.

See Also

• Five stocks we like better than Epsium Enterprise
• Running on Empty: 3 Energy Plays for Europe’s Deep Freeze
• 3 Healthcare Stocks for 3 Stages of Life
• Curaleaf Tries To Roll Up Aurora In a Hostile Cannabis Bid
• MarketBeat’s Most Downgraded Stocks in Q3: 2 Look Cheap, 1 Looks Risky

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.