My Size, Inc. (NASDAQ:MYSZ) Short Interest Update

My Size, Inc. (NASDAQ:MYSZ) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 242,749 shares, an increase of 126.2% from the December 31st total of 107,308 shares. Based on an average daily volume of 464,903 shares, the days-to-cover ratio is presently 0.5 days. Currently, 6.5% of the shares of the company are sold short. Currently, 6.5% of the shares of the company are sold short. Based on an average daily volume of 464,903 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in My Size stock. Virtu Financial LLC purchased a new stake in My Size, Inc. (NASDAQ:MYSZ) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 32,048 shares of the company’s stock, valued at approximately $38,000. Virtu Financial LLC owned about 0.98% of My Size as of its most recent SEC filing. Hedge funds and other institutional investors own 27.71% of the company’s stock.

My Size Stock Performance

My Size stock traded down $0.03 during trading hours on Thursday, hitting $0.80. The stock had a trading volume of 61,490 shares, compared to its average volume of 306,654. The company has a 50-day moving average of $0.88 and a two-hundred day moving average of $1.10. The company has a quick ratio of 1.72, a current ratio of 2.73 and a debt-to-equity ratio of 0.11. My Size has a fifty-two week low of $0.73 and a fifty-two week high of $3.04. The company has a market cap of $3.07 million, a PE ratio of -0.75 and a beta of -0.31.

My Size (NASDAQ:MYSZ) last released its quarterly earnings data on Friday, November 14th. The company reported ($0.40) earnings per share (EPS) for the quarter. The firm had revenue of $2.57 million for the quarter. My Size had a negative net margin of 47.39% and a negative return on equity of 51.51%. On average, equities research analysts anticipate that My Size will post -3.43 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of My Size in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

About My Size

My Size, Inc (NASDAQ: MYSZ) is a technology company specializing in mobile measurement and dimensioning solutions designed to optimize online shopping and logistics operations. Leveraging proprietary algorithms and smartphone sensors, the company enables consumers to obtain accurate body measurements and apparel fit recommendations, while also providing carriers and warehouses with automated package dimensioning systems. By addressing pain points related to e-commerce returns and shipping inefficiencies, My Size aims to drive cost savings and improve customer satisfaction across the retail and delivery ecosystems.

The company’s flagship offering, MySizeID™, is a mobile application and software development kit (SDK) that integrates with e-commerce platforms to guide shoppers to the correct garment size.