Big Tree Cloud Holdings Ltd (NASDAQ:DSY) Sees Large Growth in Short Interest

Big Tree Cloud Holdings Ltd (NASDAQ:DSY) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 6,500 shares, an increase of 32.7% from the January 31st total of 4,900 shares. Approximately 1.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 68,100 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Big Tree Cloud

A hedge fund recently bought a new stake in Big Tree Cloud stock. Invesco Ltd. purchased a new position in shares of Big Tree Cloud Holdings Ltd (NASDAQ:DSY) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 46,344 shares of the company’s stock, valued at approximately $146,000. Invesco Ltd. owned 0.93% of Big Tree Cloud as of its most recent filing with the Securities and Exchange Commission (SEC). 60.21% of the stock is currently owned by institutional investors and hedge funds.

Big Tree Cloud Trading Down 9.7 %

Shares of NASDAQ:DSY opened at $1.58 on Thursday. The firm’s fifty day moving average is $2.48 and its 200-day moving average is $3.33. Big Tree Cloud has a 52 week low of $0.75 and a 52 week high of $6.98.

About Big Tree Cloud

Big Tree Cloud Holdings Limited manufactures and sells personal care products and other consumer goods. The company is based in Shenzhen, China. Big Tree Cloud Holdings Limited operates as a subsidiary of Ploutos Group Limited.