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

Real Messenger Corporation (NASDAQ:RMSG) was the target of a large growth in short interest in April. As of April 15th, there was short interest totaling 958,203 shares, a growth of 69.2% from the March 31st total of 566,438 shares. Based on an average daily volume of 51,528,368 shares, the short-interest ratio is currently 0.0 days. Currently, 20.2% of the company’s stock are sold short.

Institutional Investors Weigh In On Real Messenger

A hedge fund recently bought a new stake in Real Messenger stock. Citadel Advisors LLC purchased a new position in shares of Real Messenger Corporation (NASDAQ:RMSG) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 18,823 shares of the company’s stock, valued at approximately $48,000. Citadel Advisors LLC owned about 0.21% of Real Messenger as of its most recent SEC filing. Institutional investors own 37.44% of the company’s stock.

Real Messenger Trading Down 1.1%

Shares of NASDAQ:RMSG traded down $0.02 during trading on Tuesday, hitting $1.40. 1,054,031 shares of the company’s stock traded hands, compared to its average volume of 11,110,938. Real Messenger has a 52 week low of $0.33 and a 52 week high of $5.46. The company has a market cap of $12.45 million, a price-to-earnings ratio of -136.10 and a beta of -0.52. The company has a 50-day moving average price of $0.93 and a 200-day moving average price of $1.40.

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.