Real Messenger Corporation (NASDAQ:RMSG) Short Interest Update

Real Messenger Corporation (NASDAQ:RMSG) saw a large growth in short interest in February. As of February 27th, there was short interest totaling 154,465 shares, a growth of 9,393.9% from the February 12th total of 1,627 shares. Approximately 3.3% of the company’s stock are short sold. Based on an average trading volume of 3,482,893 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 3,482,893 shares, the days-to-cover ratio is currently 0.0 days. Approximately 3.3% of the company’s stock are short sold.

Real Messenger Stock Down 1.8%

Shares of RMSG stock opened at $0.56 on Wednesday. The company’s fifty day simple moving average is $0.94 and its 200-day simple moving average is $1.78. The firm has a market cap of $4.92 million, a PE ratio of -55.50 and a beta of -0.60. Real Messenger has a 12 month low of $0.50 and a 12 month high of $5.46.

Institutional Investors Weigh In On Real Messenger

A hedge fund recently bought a new stake in Real Messenger stock. Citadel Advisors LLC purchased a new position in shares of Real Messenger Corporation (NASDAQ:RMSG) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 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.

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.