Datasea Inc. (NASDAQ:DTSS) Short Interest Down 43.2% in February

Datasea Inc. (NASDAQ:DTSS) saw a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 133,300 shares, a decline of 43.2% from the January 31st total of 234,500 shares. Based on an average daily trading volume, of 150,200 shares, the days-to-cover ratio is presently 0.9 days. Currently, 2.8% of the shares of the stock are short sold.

Institutional Investors Weigh In On Datasea

A hedge fund recently bought a new stake in Datasea stock. Citadel Advisors LLC acquired a new position in shares of Datasea Inc. (NASDAQ:DTSS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 34,300 shares of the company’s stock, valued at approximately $76,000. Citadel Advisors LLC owned approximately 0.48% of Datasea at the end of the most recent reporting period. Hedge funds and other institutional investors own 82.07% of the company’s stock.

Datasea Price Performance

Shares of NASDAQ:DTSS opened at $2.14 on Tuesday. Datasea has a 12 month low of $1.65 and a 12 month high of $13.20. The company has a 50-day moving average price of $2.18 and a 200-day moving average price of $2.25.

Datasea (NASDAQ:DTSS) last released its quarterly earnings data on Thursday, February 13th. The company reported ($0.16) earnings per share for the quarter. Datasea had a negative return on equity of 618.32% and a negative net margin of 26.69%.

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.