Real Messenger Corporation (NASDAQ:RMSG) Sees Significant Decline in Short Interest

Real Messenger Corporation (NASDAQ:RMSG) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 3,176 shares, a decrease of 54.7% from the December 31st total of 7,004 shares. Based on an average daily trading volume, of 72,590 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 72,590 shares, the short-interest ratio is presently 0.0 days.

Real Messenger Stock Up 7.8%

RMSG stock opened at $1.10 on Thursday. Real Messenger has a 52-week low of $0.99 and a 52-week high of $5.46. The firm has a market cap of $9.75 million, a P/E ratio of -109.97 and a beta of -0.58. The company’s 50-day simple moving average is $1.58 and its 200-day simple moving average is $2.15.

Institutional Investors Weigh In On Real Messenger

A hedge fund recently bought a new stake in Real Messenger stock. Citadel Advisors LLC acquired a new position in shares of Real Messenger Corporation (NASDAQ:RMSG) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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 & Exchange Commission. Institutional investors and hedge funds own 37.44% of the company’s stock.

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.