Myseum, Inc. (NASDAQ:MYSE) Sees Large Drop in Short Interest

Myseum, Inc. (NASDAQ:MYSE) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 100,541 shares, a decrease of 38.1% from the December 31st total of 162,492 shares. Approximately 2.6% of the shares of the company are short sold. Based on an average daily volume of 36,879 shares, the days-to-cover ratio is currently 2.7 days. Based on an average daily volume of 36,879 shares, the days-to-cover ratio is currently 2.7 days. Approximately 2.6% of the shares of the company are short sold.

Institutional Trading of Myseum

An institutional investor recently bought a new position in Myseum stock. XTX Topco Ltd bought a new stake in Myseum, Inc. (NASDAQ:MYSE) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 15,849 shares of the company’s stock, valued at approximately $40,000. XTX Topco Ltd owned about 0.32% of Myseum at the end of the most recent quarter. Institutional investors own 0.92% of the company’s stock.

Myseum Price Performance

Myseum stock opened at $1.89 on Friday. The stock has a fifty day moving average price of $2.02 and a two-hundred day moving average price of $2.25. Myseum has a 52-week low of $1.63 and a 52-week high of $5.93. The firm has a market capitalization of $8.05 million, a P/E ratio of -1.56 and a beta of 2.00.

Myseum (NASDAQ:MYSE) last issued its earnings results on Thursday, November 13th. The company reported ($0.28) EPS for the quarter.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on MYSE shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Myseum in a report on Monday, December 29th. Wall Street Zen raised shares of Myseum to a “sell” rating in a research note on Saturday, November 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

About Myseum

Myseum, Inc (formerly DatChat Inc) is a security- and privacy-first social media and technology company focused on innovative and creative user platforms. Its flagship platform is Myseum, your Free Timeless Digital Shoebox Social Network that makes it easier to share your photos and videos both today, and for generations to come.