Datasea Inc. (NASDAQ:DTSS) Short Interest Update

Datasea Inc. (NASDAQ:DTSS) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 125,276 shares, a growth of 562.5% from the January 15th total of 18,910 shares. Based on an average trading volume of 207,462 shares, the short-interest ratio is presently 0.6 days. Approximately 3.0% of the shares of the stock are short sold. Approximately 3.0% of the shares of the stock are short sold. Based on an average trading volume of 207,462 shares, the short-interest ratio is presently 0.6 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Datasea in a research note on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Datasea stock. Susquehanna International Group LLP acquired a new position in Datasea Inc. (NASDAQ:DTSS) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 21,917 shares of the company’s stock, valued at approximately $44,000. Susquehanna International Group LLP owned 0.27% of Datasea as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 82.07% of the company’s stock.

Datasea Price Performance

NASDAQ DTSS traded down $0.03 on Wednesday, reaching $1.09. 23,730 shares of the company’s stock traded hands, compared to its average volume of 124,546. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.67 and a quick ratio of 0.62. The stock has a market cap of $9.31 million, a PE ratio of -2.59 and a beta of 0.79. The stock has a 50-day simple moving average of $1.00 and a 200 day simple moving average of $1.57. Datasea has a 12 month low of $0.64 and a 12 month high of $2.89.

Datasea (NASDAQ:DTSS) last released its earnings results on Friday, September 26th. The company reported $0.40 EPS for the quarter. Datasea had a negative return on equity of 110.68% and a negative net margin of 5.17%.The company had revenue of $19.73 million during the quarter.

Datasea Company Profile

Datasea Data Cloud Technology Co, Ltd. is a technology company specializing in real-time interactive video distribution and industrial Internet of Things (IoT) solutions. The company’s core platform integrates artificial intelligence (AI), big data analytics and cloud computing to deliver immersive video experiences across various applications. Built on its proprietary VIEwu real-time video engine, Datasea supports high-definition streaming, low-latency transmission and interactive functionalities tailored to enterprise and consumer markets.

Founded in 2007 and headquartered in Beijing, Datasea serves a diverse customer base that includes education providers, public security agencies, commercial enterprises and online entertainment platforms.