Epsium Enterprise Limited (NASDAQ:EPSM) Short Interest Update

Epsium Enterprise Limited (NASDAQ:EPSM) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 79,727 shares, a drop of 43.5% from the December 31st total of 141,200 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average trading volume of 58,168 shares, the days-to-cover ratio is currently 1.4 days. Based on an average trading volume of 58,168 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.6% of the shares of the stock are sold short.

Hedge Funds Weigh In On Epsium Enterprise

Hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. bought a new stake in Epsium Enterprise in the third quarter worth $35,000. Two Sigma Investments LP purchased a new stake in shares of Epsium Enterprise in the 3rd quarter worth approximately $112,000. PharVision Advisers LLC bought a new stake in Epsium Enterprise during the third quarter valued at about $118,000. Finally, Quadrature Capital Ltd acquired a new position in shares of Epsium Enterprise during the second quarter worth $247,000.

Epsium Enterprise Trading Down 18.7%

NASDAQ EPSM traded down $0.37 during trading on Friday, hitting $1.61. 65,113 shares of the company’s stock traded hands, compared to its average volume of 48,275. The stock has a fifty day moving average of $2.65 and a two-hundred day moving average of $15.89. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.24 and a current ratio of 8.93. Epsium Enterprise has a 12-month low of $1.31 and a 12-month high of $155.00.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Epsium Enterprise in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Epsium Enterprise currently 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.