Short Interest in Epsium Enterprise Limited (NASDAQ:EPSM) Increases By 3,035.8%

Epsium Enterprise Limited (NASDAQ:EPSM) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 107,149 shares, an increase of 3,035.8% from the May 31st total of 3,417 shares. Approximately 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 6,720,543 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Epsium Enterprise in a report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Epsium Enterprise currently has a consensus rating of “Sell”.

Epsium Enterprise Stock Down 2.2%

Shares of EPSM stock traded down $0.03 during mid-day trading on Thursday, hitting $1.31. The company’s stock had a trading volume of 21,275 shares, compared to its average volume of 3,845,162. Epsium Enterprise has a 52-week low of $0.83 and a 52-week high of $155.00. The business has a 50-day moving average price of $1.38 and a 200 day moving average price of $1.71.

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

Hedge Funds Weigh In On Epsium Enterprise

Several hedge funds and other institutional investors have recently bought and sold shares of EPSM. PharVision Advisers LLC purchased a new stake in shares of Epsium Enterprise during the 3rd quarter valued at about $118,000. Two Sigma Investments LP purchased a new stake in Epsium Enterprise during the third quarter valued at $112,000. Finally, JPMorgan Chase & Co. purchased a new stake in Epsium Enterprise during the third quarter valued at $35,000.

Epsium Enterprise Company Profile

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.