My Size, Inc. (NASDAQ:MYSZ) Sees Large Growth in Short Interest

My Size, Inc. (NASDAQ:MYSZ) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 153,678 shares, an increase of 130.4% from the November 30th total of 66,687 shares. Currently, 4.1% of the shares of the company are short sold. Based on an average daily volume of 543,128 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 543,128 shares, the short-interest ratio is presently 0.3 days. Currently, 4.1% of the shares of the company are short sold.

Institutional Investors Weigh In On My Size

A hedge fund recently bought a new stake in My Size stock. Virtu Financial LLC acquired a new stake in My Size, Inc. (NASDAQ:MYSZ) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 32,048 shares of the company’s stock, valued at approximately $38,000. Virtu Financial LLC owned 0.98% of My Size as of its most recent SEC filing. Institutional investors and hedge funds own 27.71% of the company’s stock.

My Size Stock Performance

NASDAQ:MYSZ opened at $0.82 on Friday. The stock’s 50-day simple moving average is $1.01 and its 200 day simple moving average is $1.16. The firm has a market capitalization of $3.17 million, a PE ratio of -0.78 and a beta of -0.25. The company has a quick ratio of 1.72, a current ratio of 2.73 and a debt-to-equity ratio of 0.11. My Size has a twelve month low of $0.73 and a twelve month high of $9.40.

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of My Size in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, My Size 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.