My Size, Inc. (NASDAQ:MYSZ) Short Interest Down 35.9% in June

My Size, Inc. (NASDAQ:MYSZ) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 12,893 shares, a decrease of 35.9% from the May 31st total of 20,105 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 406,584 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of My Size

A hedge fund recently raised its position in My Size stock. DRW Securities LLC lifted its holdings in My Size, Inc. (NASDAQ:MYSZ) by 114.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 73,214 shares of the company’s stock after buying an additional 39,046 shares during the period. DRW Securities LLC owned about 1.90% of My Size worth $56,000 as of its most recent SEC filing. Institutional investors own 27.71% of the company’s stock.

My Size Trading Down 2.1%

Shares of MYSZ traded down $0.01 during midday trading on Thursday, hitting $0.47. The stock had a trading volume of 11,720 shares, compared to its average volume of 126,399. The business has a 50-day simple moving average of $0.52 and a two-hundred day simple moving average of $0.64. The firm has a market cap of $2.25 million, a P/E ratio of -0.27 and a beta of -0.08. The company has a current ratio of 1.69, a quick ratio of 0.76 and a debt-to-equity ratio of 0.20. My Size has a fifty-two week low of $0.38 and a fifty-two week high of $1.65.

My Size (NASDAQ:MYSZ) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.31) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.32) by $0.01. The business had revenue of $2.39 million for the quarter, compared to analyst estimates of $3.50 million. My Size had a negative net margin of 60.99% and a negative return on equity of 105.26%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of My Size in a research note on Friday, April 10th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

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.