Big Tree Cloud Holdings Limited (NASDAQ:DSY) Short Interest Up 26.4% in April

Big Tree Cloud Holdings Limited (NASDAQ:DSY) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totaling 32,667 shares, an increase of 26.4% from the March 31st total of 25,844 shares. Based on an average daily trading volume, of 7,724 shares, the days-to-cover ratio is currently 4.2 days. Approximately 1.0% of the company’s stock are sold short.

Big Tree Cloud Stock Performance

Shares of Big Tree Cloud stock traded up $0.12 on Friday, reaching $2.15. 9,682 shares of the company were exchanged, compared to its average volume of 18,883. Big Tree Cloud has a 1-year low of $2.00 and a 1-year high of $146.60. The stock’s 50 day moving average price is $2.80 and its 200-day moving average price is $6.24.

Hedge Funds Weigh In On Big Tree Cloud

An institutional investor recently bought a new position in Big Tree Cloud stock. Sabby Management LLC purchased a new stake in Big Tree Cloud Holdings Limited (NASDAQ:DSY) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 7,720,762 shares of the company’s stock, valued at approximately $8,030,000. Big Tree Cloud makes up approximately 9.2% of Sabby Management LLC’s investment portfolio, making the stock its biggest holding. Sabby Management LLC owned about 8.12% of Big Tree Cloud as of its most recent SEC filing. 60.21% of the stock is owned by institutional investors and hedge funds.

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.