Data Storage Corp. (NASDAQ:DTST) Sees Large Decline in Short Interest

Posted by Brenda Bartman on Sep 27th, 2026

Data Storage Corp. (NASDAQ:DTST – Get Free Report) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 3,511 shares, a drop of 63.9% from the August 31st total of 9,731 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 7,904 shares, the days-to-cover ratio is currently 0.4 days.

Data Storage Stock Up 9.8%

Shares of DTST traded up $0.28 during mid-day trading on Friday, reaching $3.13. The company’s stock had a trading volume of 182,764 shares, compared to its average volume of 9,717. The company has a market cap of $7.32 million, a price-to-earnings ratio of -4.12 and a beta of 1.15. The business has a fifty day moving average of $3.09 and a 200 day moving average of $3.53. Data Storage has a 1 year low of $2.75 and a 1 year high of $5.15.

Data Storage (NASDAQ:DTST – Get Free Report) last issued its quarterly earnings results on Friday, August 14th. The company reported ($0.53) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.24). The business had revenue of $0.36 million for the quarter, compared to analysts’ expectations of $0.40 million. Data Storage had a net margin of 1,247.09% and a negative return on equity of 5.48%.

Hedge Funds Weigh In On Data Storage

An institutional investor recently bought a new stake in Data Storage stock. Alpine Global Management LLC purchased a new position in Data Storage Corp. (NASDAQ:DTST – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 50,000 shares of the company’s stock, valued at approximately $256,000. Alpine Global Management LLC owned approximately 0.69% of Data Storage at the end of the most recent reporting period. 11.56% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered shares of Data Storage from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, September 3rd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Data Storage has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on DTST

About Data Storage

(Get Free Report)

Data Storage Corporation (NASDAQ: DTST) is a technology company that provides cloud-based data protection, storage and business-continuity services. Its offerings are designed to help organizations back up, preserve and recover business-critical information while supporting ongoing operations in the event of system failures, cyber incidents or other disruptions.

The company’s services include cloud backup and disaster recovery, data archiving, secure cloud storage, managed information-technology services and related cybersecurity solutions.