My Size, Inc. (NASDAQ:MYSZ) Stock Short Interest Climbs 398.1%

My Size, Inc. (NASDAQ:MYSZ) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 181,375 shares, an increase of 398.1% from the August 31st total of 36,410 shares. Currently, 28.9% of the company’s shares are short sold. Based on an average trading volume of 3,017,400 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of My Size in a research report on Wednesday, July 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

My Size Stock Performance

Shares of NASDAQ MYSZ traded down $0.06 during mid-day trading on Friday, reaching $1.72. 58,491 shares of the company were exchanged, compared to its average volume of 1,744,067. My Size has a twelve month low of $1.60 and a twelve month high of $10.24. The stock has a market capitalization of $1.26 million, a P/E ratio of -0.11 and a beta of -0.09. The company’s 50-day simple moving average is $2.59 and its 200-day simple moving average is $3.75. The company has a quick ratio of 0.70, a current ratio of 1.29 and a debt-to-equity ratio of 0.33.

My Size (NASDAQ:MYSZ) last posted its earnings results on Thursday, August 13th. The company reported ($2.92) EPS for the quarter. The firm had revenue of $3.07 million during the quarter. My Size had a negative net margin of 66.75% and a negative return on equity of 161.47%.

My Size Company Profile

My Size, Inc is a technology company focused on digital sizing and fit solutions for the apparel and e-commerce industries. Its technology is designed to help consumers determine appropriate clothing sizes and improve the online shopping experience while helping retailers reduce fit-related returns.

The company’s principal product, MySizeID, uses smartphone-based measurements and sizing data to generate personalized size recommendations. My Size has also developed tools intended to help apparel brands and retailers integrate sizing recommendations into their websites, mobile applications and other digital sales channels.

My Size was founded in Israel and has historically marketed its solutions to apparel retailers, brands and consumers in international markets.