Short Interest in Big Tree Cloud Holdings Ltd (NASDAQ:DSY) Decreases By 90.0%

Big Tree Cloud Holdings Ltd (NASDAQ:DSY) saw a large decline in short interest in March. As of March 31st, there was short interest totalling 2,900 shares, a decline of 90.0% from the March 15th total of 29,100 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average trading volume of 122,000 shares, the days-to-cover ratio is currently 0.0 days.

Big Tree Cloud Price Performance

Shares of DSY traded up $0.07 during trading hours on Monday, reaching $1.59. The company’s stock had a trading volume of 22,572 shares, compared to its average volume of 434,470. The company has a 50 day moving average of $1.55 and a two-hundred day moving average of $2.71. Big Tree Cloud has a 1-year low of $0.75 and a 1-year high of $6.98.

Institutional Investors Weigh In On Big Tree Cloud

A hedge fund recently bought a new stake in Big Tree Cloud stock. Invesco Ltd. purchased a new position in Big Tree Cloud Holdings Ltd (NASDAQ:DSY) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 46,344 shares of the company’s stock, valued at approximately $146,000. Invesco Ltd. owned about 0.93% of Big Tree Cloud at the end of the most recent quarter. 60.21% of the stock is owned by hedge funds and other institutional investors.

Big Tree Cloud Company Profile

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.