Short Interest in My Size, Inc. (NASDAQ:MYSZ) Expands By 56.6%

My Size, Inc. (NASDAQ:MYSZ) was the recipient of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 211,808 shares, an increase of 56.6% from the February 12th total of 135,241 shares. Currently, 5.7% of the company’s stock are short sold. Based on an average daily trading volume, of 31,468 shares, the short-interest ratio is currently 6.7 days. Based on an average daily trading volume, of 31,468 shares, the short-interest ratio is currently 6.7 days. Currently, 5.7% of the company’s stock are short sold.

Institutional Trading of My Size

A hedge fund recently bought a new stake in My Size stock. Virtu Financial LLC bought a new stake in My Size, Inc. (NASDAQ:MYSZ) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 32,048 shares of the company’s stock, valued at approximately $38,000. Virtu Financial LLC owned about 0.98% of My Size at the end of the most recent quarter. Institutional investors and hedge funds own 27.71% of the company’s stock.

My Size Price Performance

NASDAQ:MYSZ traded down $0.05 during trading hours on Friday, reaching $0.56. The company had a trading volume of 81,375 shares, compared to its average volume of 40,481. The company has a current ratio of 2.73, a quick ratio of 1.72 and a debt-to-equity ratio of 0.11. My Size has a 1-year low of $0.50 and a 1-year high of $3.04. The business’s 50 day moving average price is $0.70 and its 200-day moving average price is $0.96.

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.