Epsium Enterprise Limited (NASDAQ:EPSM) Short Interest Down 56.5% in May

Epsium Enterprise Limited (NASDAQ:EPSM) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 3,417 shares, a drop of 56.5% from the May 14th total of 7,848 shares. Based on an average daily volume of 29,710 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Trading of Epsium Enterprise

Institutional investors and hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. purchased a new position in Epsium Enterprise during the third quarter worth about $35,000. Two Sigma Investments LP acquired a new stake in shares of Epsium Enterprise during the third quarter valued at about $112,000. Finally, PharVision Advisers LLC purchased a new stake in shares of Epsium Enterprise in the 3rd quarter valued at approximately $118,000.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Epsium Enterprise in a report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Epsium Enterprise Stock Performance

NASDAQ:EPSM opened at $1.63 on Friday. Epsium Enterprise has a 52 week low of $0.83 and a 52 week high of $155.00. The stock’s fifty day moving average is $1.38 and its two-hundred day moving average is $1.88.

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.