My Size, Inc. (NASDAQ:MYSZ) Stock Short Interest Falls 72.9%

My Size, Inc. (NASDAQ:MYSZ) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 49,067 shares, a drop of 72.9% from the September 15th total of 181,375 shares. Approximately 6.5% of the shares of the company are sold short. Based on an average daily trading volume, of 350,897 shares, the days-to-cover ratio is presently 0.1 days.

My Size Stock Performance

Shares of MYSZ traded up $0.04 during mid-day trading on Tuesday, hitting $1.27. 278,514 shares of the company’s stock were exchanged, compared to its average volume of 251,338. My Size has a fifty-two week low of $1.19 and a fifty-two week high of $10.03. The firm has a market capitalization of $1.12 million, a P/E ratio of -0.08 and a beta of 0.06. The business’s 50 day moving average is $2.21 and its two-hundred day moving average is $3.49. The company has a current ratio of 1.29, a quick ratio of 0.70 and a debt-to-equity ratio of 0.33.

My Size (NASDAQ:MYSZ) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($2.92) EPS for the quarter. My Size had a negative net margin of 66.75% and a negative return on equity of 161.47%. The company had revenue of $3.07 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of My Size in a research note on Friday, October 2nd. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company has a consensus rating of “Sell”.

My Size Company Profile

My Size, Inc (NASDAQ: MYSZ) is an Israeli technology company that develops measurement and fit solutions for e-commerce and retail businesses. Its technology is designed to help consumers determine the appropriate size of apparel and other products using measurements captured through a smartphone or other digital tools.

The company’s primary platform, MySizeID, provides personalized size recommendations intended to improve the online shopping experience and reduce size-related returns.