Short Interest in DSC Holdings Ltd. (NASDAQ:DSC) Rises By 93.4%

DSC Holdings Ltd. (NASDAQ:DSC – Get Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 18,259 shares, a growth of 93.4% from the August 15th total of 9,440 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 60,823 shares, the short-interest ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Wall Street Zen raised DSC to a “hold” rating in a research note on Saturday, July 4th. Deutsche Bank Aktiengesellschaft initiated coverage on DSC in a report on Monday, July 27th. They set a “buy” rating and a $12.00 price target on the stock. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $12.00.

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DSC Stock Performance

Shares of NASDAQ DSC traded up $0.32 during midday trading on Tuesday, hitting $7.91. The company’s stock had a trading volume of 41,029 shares, compared to its average volume of 81,426. DSC has a 1 year low of $4.52 and a 1 year high of $16.35. The company’s fifty day moving average price is $6.85.

DSC (NASDAQ:DSC – Get Free Report) last posted its quarterly earnings data on Wednesday, August 26th. The company reported ($0.02) earnings per share for the quarter. The firm had revenue of $24.62 million during the quarter.

DSC Company Profile

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DSC Holdings Ltd. is an AI application infrastructure for used car industry. Its services engage and benefit of dealers collaborators such as inspectors, transporters and other internet platforms, creating an ecosystem with used car dealers at its center. DSC Holdings Ltd. is based in BEIJING.

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