Short Interest in My Size, Inc. (NASDAQ:MYSZ) Decreases By 73.9%

My Size, Inc. (NASDAQ:MYSZ) saw a significant decrease in short interest during the month of 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. Currently, 1.1% of the company’s stock are sold short. Based on an average trading volume of 2,660,000 shares, the short-interest ratio is presently 0.0 days.

Insider Transactions at My Size

In other My Size news, CEO Ronen Luzon sold 6,000 shares of My Size stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $5.21, for a total transaction of $31,260.00. Following the completion of the sale, the chief executive officer now owns 44,000 shares of the company’s stock, valued at approximately $229,240. The trade was a 12.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 8.40% of the company’s stock.

Institutional Trading of My Size

An institutional investor recently bought a new position in My Size stock. National Bank of Canada FI acquired a new stake in My Size, Inc. (NASDAQ:MYSZ) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 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 filing with the Securities and Exchange Commission (SEC). Institutional investors own 27.71% of the company’s stock.

Wall Street Analyst Weigh In

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

My Size Price Performance

MYSZ stock traded down $0.20 during trading on Friday, hitting $1.37. The stock had a trading volume of 78,005 shares, compared to its average volume of 176,839. The stock has a market capitalization of $1.73 million, a P/E ratio of -0.20 and a beta of 0.33. The company’s 50-day moving average price is $2.61 and its two-hundred day moving average price is $1.99. My Size has a twelve month low of $1.05 and a twelve month 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.

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.