Short Interest in Real Messenger Corporation (NASDAQ:RMSG) Drops By 73.0%

Real Messenger Corporation (NASDAQ:RMSG) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 259,119 shares, a decrease of 73.0% from the April 15th total of 958,203 shares. Currently, 5.5% of the company’s stock are short sold. Based on an average daily trading volume, of 6,436,990 shares, the days-to-cover ratio is presently 0.0 days.

Real Messenger Trading Down 2.0%

NASDAQ:RMSG traded down $0.03 during trading hours on Wednesday, hitting $1.44. The company’s stock had a trading volume of 240,039 shares, compared to its average volume of 10,166,649. The stock has a market capitalization of $12.77 million, a P/E ratio of -144.00 and a beta of 0.70. The stock has a fifty day moving average of $1.09 and a 200-day moving average of $1.34. Real Messenger has a 52-week low of $0.33 and a 52-week high of $5.46.

Hedge Funds Weigh In On Real Messenger

An institutional investor recently bought a new position in Real Messenger stock. Citadel Advisors LLC acquired a new stake in Real Messenger Corporation (NASDAQ:RMSG) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,823 shares of the company’s stock, valued at approximately $48,000. Citadel Advisors LLC owned approximately 0.21% of Real Messenger at the end of the most recent reporting period. Institutional investors 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.