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

Big Tree Cloud Holdings Limited (NASDAQ:DSY) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 37,993 shares, a growth of 75.3% from the May 14th total of 21,678 shares. Based on an average daily volume of 32,745 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.2% of the shares of the stock 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 position in shares of Big Tree Cloud Holdings Limited (NASDAQ:DSY) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (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 Stock Up 6.1%

Shares of DSY traded up $0.30 during trading hours on Monday, hitting $5.18. 736,305 shares of the stock were exchanged, compared to its average volume of 1,301,207. Big Tree Cloud has a 12-month low of $1.67 and a 12-month high of $146.60. The stock’s 50-day moving average price is $2.35 and its two-hundred day moving average price is $4.12.

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