System1, Inc. (NYSE:SST) Short Interest Up 24.6% in March

System1, Inc. (NYSE:SST) was the recipient of a significant growth in short interest in March. As of March 13th, there was short interest totaling 256,957 shares, a growth of 24.6% from the February 26th total of 206,162 shares. Based on an average trading volume of 26,222 shares, the short-interest ratio is currently 9.8 days. Currently, 3.0% of the company’s shares are sold short.

Hedge Funds Weigh In On System1

An institutional investor recently raised its position in System1 stock. BNP Paribas Financial Markets boosted its holdings in shares of System1, Inc. (NYSE:SST) by 125.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,511 shares of the company’s stock after buying an additional 2,513 shares during the quarter. BNP Paribas Financial Markets’ holdings in System1 were worth $25,000 as of its most recent SEC filing. 87.50% of the stock is currently owned by institutional investors.

System1 Stock Down 4.3%

Shares of SST stock traded down $0.14 on Monday, hitting $3.18. The stock had a trading volume of 14,314,780 shares, compared to its average volume of 1,749,020. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 13.11. The business has a 50 day moving average price of $3.17 and a 200 day moving average price of $4.69. The company has a market cap of $31.43 million, a PE ratio of -0.38 and a beta of 1.56. System1 has a one year low of $1.35 and a one year high of $15.00.

System1 (NYSE:SST) last released its quarterly earnings data on Wednesday, March 11th. The company reported ($1.65) earnings per share for the quarter. The business had revenue of $51.94 million during the quarter. System1 had a negative return on equity of 163.44% and a negative net margin of 24.55%.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of System1 in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $10.00.

System1 Company Profile

System1, Inc (NYSE: SST) is a technology-driven marketing company that leverages machine learning and first-party consumer intent data to connect advertisers with potential customers. Headquartered in Venice, California, System1 focuses on developing automated, data-powered solutions to drive performance marketing across digital channels. The company’s platform captures real-time consumer insights and applies predictive analytics to optimize ad delivery and improve campaign efficiency.

The business operates through two primary segments: Consumer Acquisition and Consumer Research.