My Size, Inc. (NASDAQ:MYSZ) Short Interest Up 126.2% in January

My Size, Inc. (NASDAQ:MYSZ) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 242,749 shares, a growth of 126.2% from the December 31st total of 107,308 shares. Based on an average daily trading volume, of 464,903 shares, the days-to-cover ratio is presently 0.5 days. Currently, 6.5% of the shares of the stock are short sold. Currently, 6.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 464,903 shares, the days-to-cover ratio is presently 0.5 days.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of My Size in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, My Size presently has an average rating of “Sell”.

Institutional Trading of My Size

An institutional investor recently bought a new position in My Size stock. Virtu Financial LLC purchased a new stake in My Size, Inc. (NASDAQ:MYSZ) in the 3rd quarter, according to its most recent filing with the SEC. The fund purchased 32,048 shares of the company’s stock, valued at approximately $38,000. Virtu Financial LLC owned about 0.98% of My Size as of its most recent filing with the SEC. 27.71% of the stock is owned by hedge funds and other institutional investors.

My Size Price Performance

My Size stock traded down $0.02 during mid-day trading on Friday, hitting $0.78. 43,085 shares of the company were exchanged, compared to its average volume of 309,731. My Size has a 12-month low of $0.73 and a 12-month high of $3.04. The company has a market capitalization of $2.99 million, a P/E ratio of -0.73 and a beta of -0.31. The business’s 50 day simple moving average is $0.88 and its two-hundred day simple moving average is $1.09. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.73 and a quick ratio of 1.72.

My Size (NASDAQ:MYSZ) last posted its quarterly earnings data on Friday, November 14th. The company reported ($0.40) EPS for the quarter. My Size had a negative net margin of 47.39% and a negative return on equity of 51.51%. The company had revenue of $2.57 million for the quarter. Analysts forecast that My Size will post -3.43 earnings per share for the current fiscal year.

My Size Company Profile

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.