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

DatChat, Inc. (NASDAQ:DATS) was the target of a large growth in short interest in December. As of December 15th, there was short interest totalling 273,200 shares, a growth of 99.6% from the November 30th total of 136,900 shares. Based on an average daily volume of 1,250,000 shares, the short-interest ratio is presently 0.2 days. Approximately 10.0% of the company’s shares are short sold.

DatChat Stock Performance

Shares of NASDAQ:DATS traded down $0.06 during midday trading on Friday, hitting $1.84. 136,754 shares of the company’s stock traded hands, compared to its average volume of 746,435. DatChat has a twelve month low of $1.01 and a twelve month high of $4.13. The company has a market cap of $5.54 million, a PE ratio of -0.90 and a beta of 2.34. The firm’s fifty day moving average price is $1.84 and its two-hundred day moving average price is $1.50.

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.