DatChat, Inc. (NASDAQ:DATS – Get Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totalling 105,700 shares, a growth of 192.8% from the July 15th total of 36,100 shares. Based on an average trading volume of 1,030,000 shares, the short-interest ratio is presently 0.1 days. Currently, 3.9% of the shares of the company are sold short.
DatChat Stock Up 6.5 %
Shares of DATS stock traded up $0.09 during mid-day trading on Tuesday, reaching $1.48. The stock had a trading volume of 26,739 shares, compared to its average volume of 668,619. DatChat has a one year low of $1.01 and a one year high of $6.51. The firm has a market cap of $4.45 million, a PE ratio of -0.42 and a beta of 2.36. The firm’s 50 day simple moving average is $1.38 and its 200 day simple moving average is $1.36.
DatChat (NASDAQ:DATS – Get Free Report) last issued its earnings results on Tuesday, May 14th. The company reported ($0.56) EPS for the quarter.
About DatChat
DatChat, Inc a communication software company, develops mobile messaging application. The company offers DatChat Messenger & Private Social Network, a mobile application that gives users the ability to communicate with privacy and protection. It develops a blockchain-based decentralized communications platform that allows consumers and businesses to connect directly with each other.
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