Big Tree Cloud Holdings Limited (NASDAQ:DSY) Sees Large Drop in Short Interest

Big Tree Cloud Holdings Limited (NASDAQ:DSY) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 5,838 shares, a drop of 59.5% from the December 15th total of 14,404 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 131,183 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 131,183 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On Big Tree Cloud

A hedge fund recently bought a new stake in Big Tree Cloud stock. Virtu Financial LLC acquired a new stake in Big Tree Cloud Holdings Limited (NASDAQ:DSY) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 32,523 shares of the company’s stock, valued at approximately $34,000. 60.21% of the stock is owned by institutional investors.

Big Tree Cloud Price Performance

Big Tree Cloud stock opened at $0.28 on Wednesday. The company has a current ratio of 1.14, a quick ratio of 1.06 and a debt-to-equity ratio of 1.25. Big Tree Cloud has a 12 month low of $0.24 and a 12 month high of $7.33. The stock has a 50-day moving average price of $0.39 and a two-hundred day moving average price of $0.88.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Big Tree Cloud in a report on Saturday, September 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

About Big Tree Cloud

Big Tree Cloud Holdings Limited manufactures and sells personal care products and other consumer goods. The company is based in Shenzhen, China. Big Tree Cloud Holdings Limited operates as a subsidiary of Ploutos Group Limited.