Epsium Enterprise Limited (NASDAQ:EPSM – Get Free Report) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 29,063 shares, a growth of 80.8% from the September 30th total of 16,073 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 54,644 shares, the short-interest ratio is presently 0.5 days.
Epsium Enterprise Stock Up 0.4%
Shares of EPSM stock traded up $0.00 on Monday, hitting $0.82. 9,087 shares of the stock were exchanged, compared to its average volume of 493,304. The firm’s 50 day moving average is $1.24 and its two-hundred day moving average is $1.44. Epsium Enterprise has a one year low of $0.77 and a one year high of $14.53.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a “sell (d)” rating on shares of Epsium Enterprise in a research report on Monday, September 21st. One analyst has rated the stock with a Sell rating. According to MarketBeat, the stock presently has an average rating of “Sell”.
About Epsium Enterprise
We are a holding company incorporated under the laws of British Virgin Islands. As a holding company with no material operation of its own, we conduct substantially all our operations through an indirect Macau subsidiary, Companhia de Comercio Luz Limitada in Macau, or Luz. Luz is an 80%-owned subsidiary of Epsium Enterprise Limited in Hong Kong, or Epsium HK. Mr. Son I Tam, our CEO, Chairman, principal shareholder, and the founder of Epsium and Luz directly holds (i) 89.996% ownership interest in Epsium, (ii) 19% interest in Epsium HK, and (iii) 20% ownership interest in Luz.
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