Datasea Inc. (NASDAQ:DTSS) saw a large drop in short interest in August. As of August 31st, there was short interest totalling 40,900 shares, a drop of 19.0% from the August 15th total of 50,500 shares. Based on an average daily trading volume, of 3,220,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.5% of the company’s shares are sold short.
An institutional investor recently bought a new position in Datasea stock. Citadel Advisors LLC acquired a new stake in shares of Datasea Inc. (NASDAQ:DTSS) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 38,567 shares of the company’s stock, valued at approximately $125,000. Citadel Advisors LLC owned approximately 0.18% of Datasea at the end of the most recent reporting period. 0.23% of the stock is currently owned by institutional investors and hedge funds.
Shares of DTSS opened at $1.93 on Wednesday. Datasea has a 1-year low of $1.71 and a 1-year high of $6.84. The company has a 50-day moving average of $2.33 and a 200 day moving average of $2.71. The firm has a market capitalization of $46.15 million, a price-to-earnings ratio of -8.04 and a beta of 0.23.
Datasea, Inc is a technology company that provides smart security systems. It focuses on visual and non-visual fusion perception algorithms and big data analytics technologies, by providing customers with smart security solutions, smart hardware, education-related technologies applicable and 5G value-added services across multiple scenarios and industries.
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