DatChat, Inc. (NASDAQ:DATS) Short Interest Update

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

DatChat Price Performance

NASDAQ:DATS traded down $0.06 during mid-day trading on Friday, reaching $1.84. 136,754 shares of the company’s stock traded hands, compared to its average volume of 746,435. The company has a 50 day moving average price of $1.84 and a 200-day moving average price of $1.51. The firm has a market capitalization of $5.54 million, a price-to-earnings ratio of -0.90 and a beta of 2.34. DatChat has a 12-month low of $1.01 and a 12-month high of $4.13.

About DatChat

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.