Short Interest in Datasea Inc. (NASDAQ:DTSS) Drops By 17.4%

Datasea Inc. (NASDAQ:DTSS) saw a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 110,100 shares, a decrease of 17.4% from the February 13th total of 133,300 shares. Currently, 2.3% of the company’s stock are short sold. Based on an average daily volume of 140,400 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Datasea stock. Citadel Advisors LLC bought a new stake in shares of Datasea Inc. (NASDAQ:DTSS) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 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. Institutional investors own 82.07% of the company’s stock.

Datasea Trading Down 2.5 %

Shares of Datasea stock traded down $0.05 during trading hours on Tuesday, hitting $2.10. The company had a trading volume of 27,023 shares, compared to its average volume of 386,816. The company’s 50-day moving average is $2.15 and its two-hundred day moving average is $2.25. Datasea has a twelve month low of $1.65 and a twelve month high of $9.78.

Datasea (NASDAQ:DTSS) last issued its quarterly 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%.

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.