DatChat, Inc. (NASDAQ:DATS) Short Interest Up 99.6% in December

DatChat, Inc. (NASDAQ:DATS) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 273,200 shares, an increase of 99.6% from the November 30th total of 136,900 shares. Approximately 10.0% of the company’s shares are short sold. Based on an average trading volume of 1,250,000 shares, the short-interest ratio is currently 0.2 days.

DatChat Stock Performance

DATS stock traded down $0.06 during trading on Friday, hitting $1.84. 136,754 shares of the company traded hands, compared to its average volume of 746,435. The company has a 50-day moving average of $1.84 and a 200-day moving average of $1.50. The firm has a market capitalization of $5.54 million, a PE ratio of -0.90 and a beta of 2.34. DatChat has a 1 year low of $1.01 and a 1 year high of $4.13.

DatChat Company Profile

DatChat, Inc a communication software company, develops mobile messaging application. The company offers DatChat Messenger & Private Social Network, a mobile application that gives users the ability to communicate with privacy and protection. It develops a blockchain-based decentralized communications platform that allows consumers and businesses to connect directly with each other.