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

Real Messenger Corporation (NASDAQ:RMSG) was the target of a significant decline in short interest in March. As of March 13th, there was short interest totaling 38,549 shares, a decline of 75.0% from the February 26th total of 154,465 shares. Currently, 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 56,720 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily trading volume, of 56,720 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.8% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Real Messenger stock. Citadel Advisors LLC bought a new position in Real Messenger Corporation (NASDAQ:RMSG) in the third quarter, according to the company in its most recent filing 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 as of its most recent SEC filing. 37.44% of the stock is owned by hedge funds and other institutional investors.

Real Messenger Trading Down 18.2%

Shares of NASDAQ RMSG opened at $0.35 on Wednesday. Real Messenger has a one year low of $0.33 and a one year high of $5.46. The business has a 50-day moving average price of $0.76 and a two-hundred day moving average price of $1.60. The firm has a market capitalization of $3.08 million, a PE ratio of -34.72 and a beta of -0.60.

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.