Short Interest in My Size, Inc. (NASDAQ:MYSZ) Drops By 64.5%

My Size, Inc. (NASDAQ:MYSZ – Get Rating) saw a large drop in short interest during the month of May. As of May 15th, there was short interest totalling 19,200 shares, a drop of 64.5% from the April 30th total of 54,100 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average daily volume of 150,800 shares, the short-interest ratio is presently 0.1 days.

My Size Trading Down 1.6 %

NASDAQ MYSZ traded down $0.02 during trading on Friday, hitting $1.23. 101,314 shares of the company’s stock traded hands, compared to its average volume of 132,800. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.74 and a quick ratio of 1.57. My Size has a 12-month low of $1.11 and a 12-month high of $12.50. The business has a 50 day moving average of $1.38 and a 200-day moving average of $2.30.

My Size (NASDAQ:MYSZ – Get Rating) last announced its quarterly earnings results on Monday, May 15th. The company reported ($1.68) EPS for the quarter, missing analysts’ consensus estimates of ($1.50) by ($0.18). My Size had a negative net margin of 167.01% and a negative return on equity of 151.18%. The business had revenue of $0.72 million for the quarter, compared to analysts’ expectations of $2.50 million. As a group, equities analysts forecast that My Size will post -10.87 earnings per share for the current year.

Hedge Funds Weigh In On My Size

A hedge fund recently bought a new stake in My Size stock. Jane Street Group LLC bought a new position in My Size, Inc. (NASDAQ:MYSZ – Get Rating) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 29,276 shares of the company’s stock, valued at approximately $52,000. Jane Street Group LLC owned 1.20% of My Size as of its most recent SEC filing.

Analysts Set New Price Targets

Separately, HC Wainwright reissued a “buy” rating and issued a $3.00 target price on shares of My Size in a research report on Monday, April 17th.

My Size Company Profile

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My Size, Inc engages in the development of measurement technologies. It provides solutions for e-commerce, apparel, shipping and parcel delivery, and do-it-yourself industry applications. The firm offers measurement apps including MySizeID, BoxSize, and SizeUP. The company was founded by Ronen Luzon on September 20, 1999 and is headquartered in Airport City, Israel.