Short Interest in Big Tree Cloud Holdings Limited (NASDAQ:DSY) Declines By 85.4%

Big Tree Cloud Holdings Limited (NASDAQ:DSY) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 38,400 shares, a drop of 85.4% from the June 15th total of 263,509 shares. Based on an average daily volume of 99,513 shares, the short-interest ratio is presently 0.4 days. Currently, 1.2% of the company’s shares are short sold.

Hedge Funds Weigh In On Big Tree Cloud

An institutional investor recently bought a new position in Big Tree Cloud stock. Virtu Financial LLC purchased a new position in shares of Big Tree Cloud Holdings Limited (NASDAQ:DSY) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 32,523 shares of the company’s stock, valued at approximately $34,000. Institutional investors own 60.21% of the company’s stock.

Big Tree Cloud Price Performance

DSY stock traded down $0.40 during trading on Friday, reaching $3.94. 38,925 shares of the stock were exchanged, compared to its average volume of 2,931,364. The business has a 50 day moving average price of $2.92 and a 200-day moving average price of $3.62. Big Tree Cloud has a 1 year low of $1.67 and a 1 year high of $146.60.

Big Tree Cloud (NASDAQ:DSY) last posted its quarterly earnings results on Saturday, April 4th. The company reported ($0.22) earnings per share for the quarter. The firm had revenue of $0.25 million for the quarter.

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.