Datasea Inc. (NASDAQ:DTSS) Short Interest Update

Datasea Inc. (NASDAQ:DTSS) saw a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 59,643 shares, a decrease of 47.0% from the February 12th total of 112,488 shares. Approximately 1.2% of the company’s shares are short sold. Based on an average daily volume of 48,011 shares, the short-interest ratio is presently 1.2 days. Based on an average daily volume of 48,011 shares, the short-interest ratio is presently 1.2 days. Approximately 1.2% of the company’s shares are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Datasea in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Datasea Stock Performance

NASDAQ DTSS traded up $0.02 on Friday, reaching $0.91. 19,356 shares of the stock traded hands, compared to its average volume of 38,139. Datasea has a 12 month low of $0.64 and a 12 month high of $2.80. The company has a market cap of $9.51 million, a price-to-earnings ratio of -2.84 and a beta of 0.83. The company has a fifty day moving average price of $0.97 and a 200-day moving average price of $1.41.

Datasea (NASDAQ:DTSS) last posted its quarterly earnings results on Thursday, February 12th. The company reported ($0.06) earnings per share (EPS) for the quarter. The firm had revenue of $12.99 million for the quarter. Datasea had a negative return on equity of 88.98% and a negative net margin of 4.80%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Datasea stock. Susquehanna International Group LLP purchased a new stake in Datasea Inc. (NASDAQ:DTSS) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 21,917 shares of the company’s stock, valued at approximately $44,000. Susquehanna International Group LLP owned approximately 0.27% of Datasea as of its most recent filing with the SEC. 82.07% of the stock is owned by hedge funds and other institutional investors.

Datasea Company Profile

Datasea Data Cloud Technology Co, Ltd. is a technology company specializing in real-time interactive video distribution and industrial Internet of Things (IoT) solutions. The company’s core platform integrates artificial intelligence (AI), big data analytics and cloud computing to deliver immersive video experiences across various applications. Built on its proprietary VIEwu real-time video engine, Datasea supports high-definition streaming, low-latency transmission and interactive functionalities tailored to enterprise and consumer markets.

Founded in 2007 and headquartered in Beijing, Datasea serves a diverse customer base that includes education providers, public security agencies, commercial enterprises and online entertainment platforms.