Datasea Inc. (NASDAQ:DTSS) Sees Significant Decrease in Short Interest

Datasea Inc. (NASDAQ:DTSS) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totalling 39,700 shares, a drop of 57.5% from the March 31st total of 93,400 shares. Based on an average trading volume of 2,000,000 shares, the days-to-cover ratio is currently 0.0 days.

Datasea Stock Performance

DTSS stock traded up $0.39 during trading on Friday, reaching $8.19. The company had a trading volume of 31,402 shares, compared to its average volume of 86,294. The company has a market cap of $24.73 million, a price-to-earnings ratio of -1.72 and a beta of 0.88. Datasea has a twelve month low of $1.42 and a twelve month high of $20.29. The firm has a 50-day simple moving average of $7.83 and a 200-day simple moving average of $4.66.

Datasea (NASDAQ:DTSS) last released its earnings results on Tuesday, February 13th. The company reported ($0.72) earnings per share (EPS) for the quarter. Datasea had a negative net margin of 36.76% and a negative return on equity of 3,785.71%. The firm had revenue of $11.35 million during the quarter.

Datasea Company Profile

Datasea Inc, through its subsidiaries, provides technology and information systems in the People's Republic of China. The company provides smart city solutions and 5G messaging applications. It also offers its smart security solutions primarily to schools, tourist or scenic attractions, and public communities.