My Size (NASDAQ:MYSZ) Shares Scheduled to Reverse Split on Tuesday, April 23rd

Shares of My Size, Inc. (NASDAQ:MYSZ) are going to reverse split before the market opens on Tuesday, April 23rd. The 1-8 reverse split was announced on Tuesday, April 23rd. The number of shares owned by shareholders will be adjusted after the closing bell on Tuesday, April 23rd.

My Size Stock Up 5.3 %

MYSZ opened at $0.49 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.97 and a current ratio of 1.71. The business has a 50 day moving average price of $0.44 and a 200 day moving average price of $0.58. The firm has a market cap of $1.76 million, a P/E ratio of -0.11 and a beta of 1.01. My Size has a twelve month low of $0.36 and a twelve month high of $2.74.

Institutional Trading of My Size

A hedge fund recently bought a new stake in My Size stock. Jane Street Group LLC acquired a new position in shares of My Size, Inc. (NASDAQ:MYSZ) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 29,276 shares of the company’s stock, valued at approximately $52,000. Jane Street Group LLC owned approximately 1.20% of My Size at the end of the most recent reporting period. 27.71% of the stock is currently owned by hedge funds and other institutional investors.

About My Size

My Size, Inc, an omnichannel e-commerce platform, provides AI-driven apparel sizing and digital solutions for online shopping and physical stores in Israel. The company operates through three segments: Fashion and Equipment E-Commerce Platform; SaaS Solutions; and Naiz. It offers MySizeID, an application that enables consumers to create an online profile of their personal measurements to get the right fit; BoxSize, a parcel measurement application that allows consumers to measure the size of their parcel with their smartphone, calculate shipping costs, and arrange for a convenient pick-up time for the package; and SizeUp, a digital tape measure that allows users to measure length, width, and height of a surface by moving their smartphone from point to point of an object or space.