Real Messenger Corporation (NASDAQ:RMSG) Sees Significant Growth in Short Interest

Real Messenger Corporation (NASDAQ:RMSG) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 10,289 shares, an increase of 224.0% from the January 15th total of 3,176 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 82,917 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 82,917 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the company’s stock are short sold.

Real Messenger Stock Up 16.8%

NASDAQ:RMSG opened at $0.82 on Wednesday. The stock has a market capitalization of $7.23 million, a price-to-earnings ratio of -81.52 and a beta of -0.61. Real Messenger has a 52 week low of $0.62 and a 52 week high of $5.46. The firm has a 50 day moving average of $1.37 and a 200 day moving average of $2.06.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Real Messenger stock. Citadel Advisors LLC bought a new stake in shares of Real Messenger Corporation (NASDAQ:RMSG) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 18,823 shares of the company’s stock, valued at approximately $48,000. Citadel Advisors LLC owned approximately 0.21% of Real Messenger at the end of the most recent reporting period. Institutional investors own 37.44% of the company’s stock.

About Real Messenger

Real Messenger Holdings Limited is a real estate technology platform. The company is transforming real estate engagement by connecting agents, buyers, sellers and other industry participants within a unified, social platform. Real Messenger Holdings Limited, formerly known as Nova Vision Acquisition Corp., is based in COSTA MESA, Calif.