My Size, Inc. (NASDAQ:MYSZ) Shares Shorted: Short Interest Down 72.9% in September

My Size, Inc. (NASDAQ:MYSZ) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 49,067 shares, a decline of 72.9% from the September 15th total of 181,375 shares. Based on an average daily trading volume, of 350,897 shares, the short-interest ratio is presently 0.1 days. Approximately 6.5% of the company’s shares are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of My Size in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock has a consensus rating of “Sell”.

My Size Trading Down 1.6%

Shares of MYSZ traded down $0.02 during trading hours on Monday, reaching $1.23. 65,956 shares of the company traded hands, compared to its average volume of 251,202. The company’s fifty day moving average price is $2.21 and its two-hundred day moving average price is $3.49. The company has a market capitalization of $1.08 million, a price-to-earnings ratio of -0.08 and a beta of 0.06. The company has a quick ratio of 0.70, a current ratio of 1.29 and a debt-to-equity ratio of 0.33. My Size has a 12 month low of $1.19 and a 12 month high of $10.03.

My Size (NASDAQ:MYSZ) last released its quarterly earnings results on Thursday, August 13th. The company reported ($2.92) earnings per share (EPS) for the quarter. My Size had a negative return on equity of 161.47% and a negative net margin of 66.75%. The company had revenue of $3.07 million during the quarter.

My Size Company Profile

My Size, Inc (NASDAQ: MYSZ) is an Israeli technology company that develops measurement and fit solutions for e-commerce and retail businesses. Its technology is designed to help consumers determine the appropriate size of apparel and other products using measurements captured through a smartphone or other digital tools.

The company’s primary platform, MySizeID, provides personalized size recommendations intended to improve the online shopping experience and reduce size-related returns.