Are Investors Interested In Selling Their Holdings Of DatChat Inc (NASDAQ: DATS)?

DatChat Inc (NASDAQ:DATS) traded at $3.12 at last check on current trade day and made a downward move of -19.17% on its previous day’s price.

Looking at the stock we see that its previous close was $3.86 and the beta (5Y monthly) reads 2.533 with the day’s price range being $3.1 – $3.5493. In terms of its 52-week price range, DATS has a high of $9.34 and a low of $1.01. The company’s stock has gained about 51.46% over that past 30 days.

DatChat Inc has a market cap of $13.14 million and is expected to release its quarterly earnings report in May.

On the other hand, looking at the outlook for the DATS stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 100% Buy.

Looking further, we note the current price level is 18.84% off its SMA20 and 7.84% from its 50-day simple moving average. The RSI (14) is pointing at 53.89 while the volatility over the past week is 40.07% and jumps to 17.05% over the past one month. The beta value is 1.99, while the average true range (ATR) is currently pointing at 0.63.

Coming back to DatChat Inc (NASDAQ:DATS), we note that the average 3-month trading volume was 11.46 million, while that of the preceding 10-day period stands at 15.75 million. Current shares outstanding are 4.21 million.

The insiders hold 6.53% of the company’s shares while institutions hold 3.86%. The data shows that short shares as of 2025-03-14, stood at 0.2 million at a short ratio of 0.25. This represents a 519.00 short interest in shares outstanding on 2025-03-14. Shares short fall in March from the previous month at 0.25 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 75.29% up in year-to-date price movement.

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