Short Interest in DatChat, Inc. (NASDAQ:DATS) Expands By 2,550.4%

DatChat, Inc. (NASDAQ:DATSGet Free Report) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 363,100 shares, a growth of 2,550.4% from the October 15th total of 13,700 shares. Based on an average daily volume of 1,100,000 shares, the short-interest ratio is currently 0.3 days. Currently, 13.3% of the company’s shares are sold short.

DatChat Price Performance

Shares of DatChat stock opened at $2.32 on Wednesday. DatChat has a 52 week low of $1.01 and a 52 week high of $4.13. The stock has a 50 day moving average price of $1.38 and a two-hundred day moving average price of $1.38.

DatChat (NASDAQ:DATSGet Free Report) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.33) EPS for the quarter.

DatChat Company Profile

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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.

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