Short Interest in Epsium Enterprise Limited (NASDAQ:EPSM) Declines By 53.0%

Epsium Enterprise Limited (NASDAQ:EPSM) was the target of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 12,341 shares, a drop of 53.0% from the January 29th total of 26,258 shares. Based on an average daily volume of 36,126 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 36,126 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Epsium Enterprise

Several institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. purchased a new position in shares of Epsium Enterprise during the third quarter valued at approximately $35,000. Two Sigma Investments LP bought a new stake in shares of Epsium Enterprise during the 3rd quarter worth approximately $112,000. PharVision Advisers LLC purchased a new position in Epsium Enterprise during the 3rd quarter valued at $118,000. Finally, Quadrature Capital Ltd bought a new position in Epsium Enterprise in the 2nd quarter valued at $247,000.

Epsium Enterprise Price Performance

NASDAQ EPSM opened at $1.32 on Friday. The company has a quick ratio of 6.24, a current ratio of 8.93 and a debt-to-equity ratio of 0.01. Epsium Enterprise has a 52 week low of $1.30 and a 52 week high of $155.00. The company has a fifty day moving average of $1.97 and a two-hundred day moving average of $13.46.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Epsium Enterprise in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Epsium Enterprise currently has an average rating of “Sell”.

Epsium Enterprise Company Profile

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.