Epsium Enterprise Limited (NASDAQ:EPSM) Short Interest Down 66.9% in August

Epsium Enterprise Limited (NASDAQ:EPSM) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 18,285 shares, a decline of 66.9% from the July 30th total of 55,235 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 17,867 shares, the days-to-cover ratio is presently 1.0 days.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Epsium Enterprise in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

Epsium Enterprise Stock Down 0.7%

Shares of NASDAQ:EPSM traded down $0.01 during midday trading on Friday, reaching $1.49. The company’s stock had a trading volume of 7,589 shares, compared to its average volume of 528,008. Epsium Enterprise has a fifty-two week low of $0.83 and a fifty-two week high of $155.00. The firm has a 50 day moving average price of $1.37 and a two-hundred day moving average price of $1.43.

Epsium Enterprise (NASDAQ:EPSM) last announced its quarterly earnings data on Wednesday, April 29th. The company reported ($0.03) EPS for the quarter. The firm had revenue of $1.04 million for the quarter.

Hedge Funds Weigh In On Epsium Enterprise

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. bought a new stake in Epsium Enterprise during the 3rd quarter valued at $35,000. Two Sigma Investments LP bought a new position in shares of Epsium Enterprise during the 3rd quarter worth approximately $112,000. Finally, PharVision Advisers LLC purchased a new position in shares of Epsium Enterprise in the 3rd quarter worth about $118,000.

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.