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

Real Messenger Corporation (NASDAQ:RMSG) saw a significant decline in short interest in March. As of March 13th, there was short interest totaling 38,549 shares, a decline of 75.0% from the February 26th total of 154,465 shares. Based on an average daily trading volume, of 56,720 shares, the short-interest ratio is currently 0.7 days. Currently, 0.8% of the shares of the company are short sold.

Hedge Funds Weigh In On Real Messenger

A hedge fund recently bought a new stake in Real Messenger stock. Citadel Advisors LLC acquired a new stake in Real Messenger Corporation (NASDAQ:RMSG) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 18,823 shares of the company’s stock, valued at approximately $48,000. Citadel Advisors LLC owned 0.21% of Real Messenger at the end of the most recent quarter. 37.44% of the stock is owned by hedge funds and other institutional investors.

Real Messenger Stock Down 6.3%

Shares of RMSG stock traded down $0.04 during mid-day trading on Thursday, hitting $0.60. 2,678,656 shares of the stock were exchanged, compared to its average volume of 5,015,262. The firm has a fifty day moving average of $0.74 and a 200 day moving average of $1.60. Real Messenger has a 52-week low of $0.33 and a 52-week high of $5.46. The company has a market cap of $5.32 million, a PE ratio of -60.90 and a beta of -0.60.

About Real Messenger

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.