Short Interest in Datasea Inc. (NASDAQ:DTSS) Decreases By 43.2%

Datasea Inc. (NASDAQ:DTSS) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 133,300 shares, a decrease of 43.2% from the January 31st total of 234,500 shares. Currently, 2.8% of the company’s shares are short sold. Based on an average trading volume of 150,200 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of Datasea

An institutional investor recently bought a new position in Datasea stock. Citadel Advisors LLC bought a new position in Datasea Inc. (NASDAQ:DTSS) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 34,300 shares of the company’s stock, valued at approximately $76,000. Citadel Advisors LLC owned approximately 0.48% of Datasea as of its most recent filing with the SEC. Hedge funds and other institutional investors own 82.07% of the company’s stock.

Datasea Stock Performance

DTSS stock traded down $0.04 on Friday, reaching $2.18. The company’s stock had a trading volume of 20,519 shares, compared to its average volume of 198,821. The business has a fifty day simple moving average of $2.18 and a two-hundred day simple moving average of $2.25. Datasea has a 12-month low of $1.65 and a 12-month high of $13.20.

Datasea (NASDAQ:DTSS) last posted its 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%.

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.