Short Interest in Datasea Inc. (NASDAQ:DTSS) Rises By 1,084.3%

Datasea Inc. (NASDAQ:DTSS) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 234,500 shares, a growth of 1,084.3% from the January 15th total of 19,800 shares. Currently, 5.2% of the company’s stock are sold short. Based on an average daily trading volume, of 154,900 shares, the short-interest ratio is presently 1.5 days.

Datasea Stock Performance

DTSS traded up $0.04 on Wednesday, hitting $2.20. 59,245 shares of the company were exchanged, compared to its average volume of 226,274. Datasea has a 12 month low of $1.47 and a 12 month high of $20.29. The stock’s fifty day moving average is $2.18 and its 200-day moving average is $2.25.

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.