DatChat, Inc. (NASDAQ:DATS – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 363,100 shares, an increase of 2,550.4% from the October 15th total of 13,700 shares. Currently, 13.3% of the company’s shares are sold short. Based on an average daily volume of 1,100,000 shares, the days-to-cover ratio is presently 0.3 days.
DatChat Stock Performance
NASDAQ:DATS opened at $2.28 on Thursday. The firm has a market cap of $7.02 million, a PE ratio of -0.83 and a beta of 2.26. DatChat has a fifty-two week low of $1.01 and a fifty-two week high of $4.13. The business has a 50 day moving average price of $1.41 and a 200-day moving average price of $1.38.
DatChat (NASDAQ:DATS – Get Free Report) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.33) earnings per share for the quarter.
About DatChat
DatChat, Inc a communication software company, develops mobile messaging application. The company offers DatChat Messenger & Private Social Network, a mobile application that gives users the ability to communicate with privacy and protection. It develops a blockchain-based decentralized communications platform that allows consumers and businesses to connect directly with each other.
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