Real Messenger Corporation (NASDAQ:RMSG) Short Interest Update

Real Messenger Corporation (NASDAQ:RMSG) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 27,361 shares, a decline of 61.6% from the July 15th total of 71,202 shares. Based on an average daily volume of 1,155,576 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.5% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Real Messenger to a “hold” rating in a research note on Saturday, May 16th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Real Messenger stock. Citadel Advisors LLC acquired a new position in Real Messenger Corporation (NASDAQ:RMSG) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 18,823 shares of the company’s stock, valued at approximately $48,000. Citadel Advisors LLC owned 0.21% of Real Messenger as of its most recent filing with the Securities and Exchange Commission (SEC). 37.44% of the stock is owned by hedge funds and other institutional investors.

Real Messenger Price Performance

Shares of RMSG stock opened at $0.40 on Friday. Real Messenger has a fifty-two week low of $0.29 and a fifty-two week high of $5.46. The stock’s 50-day moving average is $0.49 and its two-hundred day moving average is $0.81. The firm has a market cap of $4.26 million, a P/E ratio of -40.05 and a beta of 0.65.

Real Messenger (NASDAQ:RMSG) last issued its quarterly earnings data on Tuesday, March 31st. The company reported ($0.12) earnings per share for the quarter. The company had revenue of $0.01 million for the quarter.

Real Messenger Company Profile

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.