Epsium Enterprise Limited (NASDAQ:EPSM) Short Interest Update

Epsium Enterprise Limited (NASDAQ:EPSM) saw a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 18,285 shares, a decline of 66.9% from the July 30th total of 55,235 shares. Based on an average daily trading volume, of 17,867 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On Epsium Enterprise

A number of large investors have recently bought and sold shares of EPSM. JPMorgan Chase & Co. purchased a new stake in shares of Epsium Enterprise in the third quarter valued at about $35,000. Two Sigma Investments LP acquired a new position in shares of Epsium Enterprise during the third quarter worth about $112,000. Finally, PharVision Advisers LLC acquired a new position in shares of Epsium Enterprise during the third quarter worth about $118,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Epsium Enterprise in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Epsium Enterprise presently has a consensus rating of “Sell”.

Epsium Enterprise Stock Down 0.7%

Epsium Enterprise stock opened at $1.49 on Friday. Epsium Enterprise has a twelve month low of $0.83 and a twelve month high of $155.00. The stock has a 50 day moving average of $1.37 and a two-hundred day moving average of $1.43.

Epsium Enterprise (NASDAQ:EPSM) last released its 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.

About Epsium Enterprise

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.