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

DatChat, Inc. (NASDAQ:DATS) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totalling 146,600 shares, a decline of 46.3% from the December 15th total of 273,200 shares. Approximately 5.4% of the shares of the company are sold short. Based on an average daily volume of 4,580,000 shares, the short-interest ratio is presently 0.0 days.

DatChat Trading Down 10.0 %

Shares of DatChat stock traded down $0.54 on Tuesday, hitting $4.88. The stock had a trading volume of 3,633,723 shares, compared to its average volume of 50,667,867. The company’s 50 day moving average price is $2.23 and its 200 day moving average price is $1.67. The stock has a market cap of $14.69 million, a price-to-earnings ratio of -2.38 and a beta of 2.34. DatChat has a 52-week low of $1.01 and a 52-week high of $9.34.

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.