My Size, Inc. (NASDAQ:MYSZ) Short Interest Update

My Size, Inc. (NASDAQ:MYSZ) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 242,749 shares, a growth of 126.2% from the December 31st total of 107,308 shares. Approximately 6.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 464,903 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 464,903 shares, the days-to-cover ratio is presently 0.5 days. Approximately 6.5% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of My Size in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, My Size currently has an average rating of “Sell”.

Hedge Funds Weigh In On My Size

A hedge fund recently bought a new stake in My Size stock. Virtu Financial LLC bought a new position in shares of My Size, Inc. (NASDAQ:MYSZ) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 32,048 shares of the company’s stock, valued at approximately $38,000. Virtu Financial LLC owned about 0.98% of My Size at the end of the most recent quarter. Hedge funds and other institutional investors own 27.71% of the company’s stock.

My Size Trading Down 2.8%

Shares of MYSZ stock traded down $0.02 during trading hours on Friday, reaching $0.78. 43,085 shares of the stock were exchanged, compared to its average volume of 309,731. The firm has a market capitalization of $2.99 million, a price-to-earnings ratio of -0.73 and a beta of -0.31. My Size has a 12-month low of $0.73 and a 12-month high of $3.04. The company’s 50-day moving average price is $0.88 and its 200-day moving average price is $1.09. The company has a current ratio of 2.73, a quick ratio of 1.72 and a debt-to-equity ratio of 0.11.

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

My Size Company Profile

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.