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

My Size, Inc. (NASDAQ:MYSZ) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 13,300 shares, a decrease of 41.4% from the February 28th total of 22,700 shares. Based on an average daily volume of 2,580,000 shares, the short-interest ratio is currently 0.0 days. Approximately 2.3% of the company’s stock are short sold.

My Size Stock Up 42.1 %

MYSZ stock traded up $0.53 during mid-day trading on Friday, hitting $1.79. The stock had a trading volume of 11,358,468 shares, compared to its average volume of 782,573. My Size has a 1-year low of $1.05 and a 1-year high of $9.40. The company has a fifty day moving average of $1.69 and a 200 day moving average of $1.90. The company has a current ratio of 2.49, a quick ratio of 1.56 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $2.26 million, a price-to-earnings ratio of -0.26 and a beta of 0.25.

Insider Activity

In other news, CEO Ronen Luzon sold 6,000 shares of the company’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $5.21, for a total value of $31,260.00. Following the transaction, the chief executive officer now directly owns 44,000 shares of the company’s stock, valued at approximately $229,240. This represents a 12.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 8.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On My Size

An institutional investor recently bought a new position in My Size stock. National Bank of Canada FI bought a new stake in My Size, Inc. (NASDAQ:MYSZ) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 12,918 shares of the company’s stock, valued at approximately $55,000. National Bank of Canada FI owned about 1.03% of My Size as of its most recent SEC filing. Institutional investors own 27.71% of the company’s stock.

About My Size

My Size, Inc, an omnichannel e-commerce platform, provides AI-driven software as a service measurement solutions for fashion ecommerce companies in Israel, Spain, and internationally. It operates through Fashion and Equipment E-Commerce Platform, and SaaS Solutions segments. The company offers Size Form, which generates accurate measurements to find proper fitting clothes and accessories; First Look Smart Mirror, a solution for brick and mortar stores that allows customers to filter the whole physical store by their size and fit; Smart Catalogue, a solution that suggests the launch of new sizes, detects new product niches, and allows brands to adapt their assortment to their customer base; and True Feedback solution.