My Size, Inc. (NASDAQ:MYSZ) Short Interest Down 73.9% in February

My Size, Inc. (NASDAQ:MYSZ) was the recipient of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 6,600 shares, a decrease of 73.9% from the January 31st total of 25,300 shares. Approximately 1.1% of the shares of the company are sold short. Based on an average daily volume of 2,660,000 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, HC Wainwright lowered their price target on shares of My Size from $5.00 to $3.00 and set a “buy” rating on the stock in a research note on Monday, November 18th.

Insider Buying and Selling

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

Hedge Funds Weigh In On My Size

A hedge fund recently bought a new stake in My Size stock. National Bank of Canada FI bought a new stake in My Size, Inc. (NASDAQ:MYSZ) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor 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 at the end of the most recent quarter. Institutional investors own 27.71% of the company’s stock.

My Size Price Performance

My Size stock traded down $0.20 during mid-day trading on Friday, reaching $1.37. The company had a trading volume of 78,005 shares, compared to its average volume of 176,839. The stock’s 50-day simple moving average is $2.61 and its 200-day simple moving average is $1.99. My Size has a 1 year low of $1.05 and a 1 year high of $9.40. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.49 and a quick ratio of 1.56. The company has a market capitalization of $1.73 million, a P/E ratio of -0.20 and a beta of 0.33.

My Size Company Profile

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.