DatChat, Inc. (NASDAQ:DATS) Short Interest Down 56.0% in November

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

DatChat Trading Down 5.1 %

NASDAQ DATS opened at $1.69 on Friday. DatChat has a twelve month low of $1.01 and a twelve month high of $4.13. The stock has a 50-day moving average of $1.74 and a 200 day moving average of $1.46. The stock has a market capitalization of $5.09 million, a price-to-earnings 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.