Short Interest in DatChat, Inc. (NASDAQ:DATS) Rises By 83.2%

DatChat, Inc. (NASDAQ:DATS) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totalling 43,600 shares, an increase of 83.2% from the August 31st total of 23,800 shares. Based on an average trading volume of 970,200 shares, the short-interest ratio is currently 0.0 days. Approximately 1.6% of the shares of the company are short sold.

DatChat Price Performance

Shares of NASDAQ:DATS traded up $0.06 during trading on Friday, hitting $1.28. 31,953 shares of the company were exchanged, compared to its average volume of 560,507. The company has a market cap of $3.85 million, a PE ratio of -0.36 and a beta of 2.30. The stock has a 50 day moving average of $1.36 and a 200 day moving average of $1.34. DatChat has a 52-week low of $1.01 and a 52-week high of $4.13.

DatChat (NASDAQ:DATS) last posted its earnings results on Wednesday, August 14th. The company reported ($0.33) 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.