System1, Inc. (NYSE:SST) Short Interest Update

System1, Inc. (NYSE:SST – Get Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 254,691 shares, a decrease of 40.6% from the May 14th total of 429,107 shares. Based on an average trading volume of 200,390 shares, the short-interest ratio is currently 1.3 days. Approximately 3.0% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on SST. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of System1 in a report on Friday, May 8th. Wall Street Zen downgraded System1 from a “sell” rating to a “strong sell” rating in a report on Sunday, May 17th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $10.00.

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System1 Stock Performance

Shares of NYSE:SST traded up $0.17 during midday trading on Tuesday, reaching $3.05. 200,930 shares of the company’s stock traded hands, compared to its average volume of 155,251. The company has a market cap of $30.36 million, a price-to-earnings ratio of -0.25 and a beta of 1.50. The company has a debt-to-equity ratio of 13.11, a quick ratio of 0.89 and a current ratio of 0.89. System1 has a one year low of $1.35 and a one year high of $15.00. The stock has a 50 day moving average of $3.16 and a 200 day moving average of $3.47.

Insider Activity at System1

In related news, CFO Tridivesh Kidambi bought 26,910 shares of the business’s stock in a transaction dated Wednesday, April 15th. The shares were purchased at an average cost of $3.00 per share, with a total value of $80,730.00. Following the completion of the purchase, the chief financial officer owned 146,816 shares in the company, valued at approximately $440,448. The trade was a 22.44% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 13.20% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in System1 stock. BNP Paribas Financial Markets raised its position in System1, Inc. (NYSE:SST – Free Report) by 125.8% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,511 shares of the company’s stock after acquiring an additional 2,513 shares during the quarter. BNP Paribas Financial Markets’ holdings in System1 were worth $25,000 at the end of the most recent quarter. 87.50% of the stock is owned by institutional investors and hedge funds.

About System1

(Get Free Report)

System1, Inc (NYSE: SST) is a technology-driven marketing company that leverages machine learning and first-party consumer intent data to connect advertisers with potential customers. Headquartered in Venice, California, System1 focuses on developing automated, data-powered solutions to drive performance marketing across digital channels. The company’s platform captures real-time consumer insights and applies predictive analytics to optimize ad delivery and improve campaign efficiency.

The business operates through two primary segments: Consumer Acquisition and Consumer Research.

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