Datasea Inc. (NASDAQ:DTSS) Short Interest Update

Datasea Inc. (NASDAQ:DTSS) was the recipient of a significant decline in short interest in February. As of February 28th, there was short interest totalling 110,100 shares, a decline of 17.4% from the February 13th total of 133,300 shares. Approximately 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 currently 0.8 days.

Datasea Stock Performance

DTSS traded down $0.02 on Wednesday, reaching $2.12. 20,057 shares of the company traded hands, compared to its average volume of 386,148. The stock’s 50 day moving average price is $2.15 and its 200-day moving average price is $2.25. 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) earnings per share (EPS) for the quarter. Datasea had a negative net margin of 26.69% and a negative return on equity of 618.32%.

Institutional Trading of Datasea

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

About Datasea

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.