DatChat, Inc. (NASDAQ:DATS) Short Interest Up 200.0% in June

DatChat, Inc. (NASDAQ:DATS) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totalling 68,100 shares, a growth of 200.0% from the June 15th total of 22,700 shares. Approximately 2.5% of the company’s stock are short sold. Based on an average daily volume of 200,500 shares, the short-interest ratio is presently 0.3 days.

DatChat Stock Up 1.0 %

DATS stock traded up $0.01 during midday trading on Thursday, hitting $1.05. The company’s stock had a trading volume of 17,896 shares, compared to its average volume of 326,495. The firm has a market capitalization of $3.16 million, a P/E ratio of -0.29 and a beta of 2.33. DatChat has a 52-week low of $1.01 and a 52-week high of $6.51. The firm has a 50-day simple moving average of $1.30 and a 200-day simple moving average of $1.48.

DatChat (NASDAQ:DATS) last posted its quarterly earnings results on Tuesday, May 14th. The company reported ($0.56) earnings per share (EPS) for the quarter.

DatChat Company Profile

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.