Real Messenger Corporation (NASDAQ:RMSG) Sees Large Drop in Short Interest

Real Messenger Corporation (NASDAQ:RMSG) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 3,176 shares, a drop of 54.7% from the December 31st total of 7,004 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 72,590 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 72,590 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the shares of the company are sold short.

Real Messenger Price Performance

Real Messenger stock traded down $0.17 during trading hours on Friday, hitting $0.70. 74,410 shares of the stock traded hands, compared to its average volume of 74,713. Real Messenger has a 1 year low of $0.70 and a 1 year high of $5.46. The stock has a market capitalization of $6.22 million, a price-to-earnings ratio of -70.10 and a beta of -0.58. The firm’s 50 day moving average price is $1.55 and its 200-day moving average price is $2.13.

Institutional Trading of Real Messenger

A hedge fund recently bought a new stake in Real Messenger stock. Citadel Advisors LLC bought a new stake in shares of Real Messenger Corporation (NASDAQ:RMSG) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 18,823 shares of the company’s stock, valued at approximately $48,000. Citadel Advisors LLC owned 0.21% of Real Messenger at the end of the most recent reporting period. 37.44% of the stock is currently owned by institutional investors.

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.