Epsium Enterprise Limited (NASDAQ:EPSM) Short Interest Update

Epsium Enterprise Limited (NASDAQ:EPSM) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 9,251 shares, a decrease of 49.4% from the August 15th total of 18,285 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 11,326 shares, the short-interest ratio is currently 0.8 days.

Epsium Enterprise Stock Performance

Shares of NASDAQ:EPSM remained flat at $1.32 on Wednesday. 14,321 shares of the stock traded hands, compared to its average volume of 23,674. The company has a fifty day moving average of $1.39 and a 200 day moving average of $1.41. Epsium Enterprise has a 52 week low of $0.83 and a 52 week high of $42.45.

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

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Epsium Enterprise in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently 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.