Epsium Enterprise Limited (NASDAQ:EPSM) Short Interest Up 763.4% in March

Epsium Enterprise Limited (NASDAQ:EPSM) was the target of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 72,476 shares, an increase of 763.4% from the February 26th total of 8,394 shares. Based on an average trading volume of 567,961 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.5% of the company’s stock are sold short. Approximately 0.5% of the company’s stock are sold short. Based on an average trading volume of 567,961 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Epsium Enterprise

Hedge funds have recently made changes to their positions in the company. Quadrature Capital Ltd acquired a new stake in shares of Epsium Enterprise during the second quarter worth about $247,000. PharVision Advisers LLC purchased a new stake in shares of Epsium Enterprise in the 3rd quarter valued at about $118,000. Two Sigma Investments LP acquired a new stake in shares of Epsium Enterprise in the 3rd quarter valued at about $112,000. Finally, JPMorgan Chase & Co. acquired a new stake in shares of Epsium Enterprise in the 3rd quarter valued at about $35,000.

Epsium Enterprise Stock Down 4.9%

NASDAQ EPSM opened at $1.56 on Wednesday. The firm’s fifty day moving average price is $1.77 and its 200 day moving average price is $10.85. Epsium Enterprise has a 12 month low of $1.04 and a 12 month high of $155.00. The company has a quick ratio of 6.24, a current ratio of 8.93 and a debt-to-equity ratio of 0.01.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Epsium Enterprise in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

About Epsium Enterprise

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.