Datasea Inc. (NASDAQ:DTSS) Short Interest Update

Datasea Inc. (NASDAQ:DTSS) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 85,600 shares, a decline of 22.3% from the February 28th total of 110,100 shares. Currently, 1.7% of the company’s stock are sold short. Based on an average daily trading volume, of 145,000 shares, the short-interest ratio is currently 0.6 days.

Datasea Trading Up 1.8 %

NASDAQ DTSS traded up $0.04 on Wednesday, reaching $2.21. The company had a trading volume of 8,541 shares, compared to its average volume of 383,036. The company’s fifty day moving average is $2.16 and its 200 day moving average is $2.26. Datasea has a 52-week low of $1.65 and a 52-week high of $9.78.

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

Hedge Funds Weigh In On Datasea

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

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.