Datasea Inc. (NASDAQ:DTSS – Get Free Report) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 215,160 shares, a growth of 67.8% from the September 30th total of 128,221 shares. Currently, 4.2% of the company’s shares are short sold. Based on an average daily volume of 332,898 shares, the days-to-cover ratio is currently 0.6 days.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings raised shares of Datasea from a “sell (e)” rating to a “sell (e+)” rating in a research report on Friday, September 25th. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, Datasea presently has a consensus rating of “Sell”.
Read Our Latest Research Report on DTSS
Datasea Stock Performance
Datasea stock opened at $0.57 on Tuesday. Datasea has a twelve month low of $0.52 and a twelve month high of $2.29. The stock’s 50 day moving average is $0.70 and its 200 day moving average is $0.85.
Datasea Company Profile
Datasea Inc (NASDAQ: DTSS) is a technology company focused on 5G communications, acoustic intelligence and smart-city solutions. Its business activities include the development and commercialization of technology designed to support connected infrastructure, digital services and intelligent applications.
The company’s offerings have included 5G-related communication products and services, as well as solutions incorporating artificial intelligence, the Internet of Things and data analytics.
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