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

DatChat, Inc. (NASDAQ:DATS) saw a significant decline in short interest in November. As of November 30th, there was short interest totalling 136,900 shares, a decline of 56.0% from the November 15th total of 311,300 shares. Based on an average daily trading volume, of 1,240,000 shares, the short-interest ratio is currently 0.1 days. Currently, 5.0% of the shares of the stock are short sold.

DatChat Price Performance

Shares of DatChat stock traded down $0.09 during midday trading on Friday, reaching $1.69. The company had a trading volume of 132,124 shares, compared to its average volume of 768,018. The stock has a fifty day moving average price of $1.75 and a 200 day moving average price of $1.47. DatChat has a fifty-two week low of $1.01 and a fifty-two week high of $4.13. The firm has a market cap of $5.09 million, a PE ratio of -0.82 and a beta of 2.34.

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.