DatChat, Inc. (NASDAQ:DATS) Short Interest Update

DatChat, Inc. (NASDAQ:DATS) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totalling 22,700 shares, a decrease of 68.4% from the May 31st total of 71,900 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily volume of 186,700 shares, the days-to-cover ratio is currently 0.1 days.

DatChat Trading Up 2.4 %

Shares of DATS stock traded up $0.03 during trading hours on Thursday, hitting $1.30. The company’s stock had a trading volume of 289,566 shares, compared to its average volume of 341,567. The business has a fifty day moving average of $1.32 and a 200-day moving average of $1.54. The stock has a market cap of $3.91 million, a price-to-earnings ratio of -0.37 and a beta of 2.36. DatChat has a twelve month low of $1.08 and a twelve month high of $6.51.

DatChat (NASDAQ:DATS) last released its quarterly earnings results on Tuesday, May 14th. The company reported ($0.56) EPS 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.