Big Tree Cloud Holdings Limited (NASDAQ:DSY) Sees Large Increase in Short Interest

Big Tree Cloud Holdings Limited (NASDAQ:DSY) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 37,993 shares, a growth of 75.3% from the May 14th total of 21,678 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average trading volume of 32,745 shares, the days-to-cover ratio is currently 1.2 days.

Big Tree Cloud Trading Up 3.1%

Shares of Big Tree Cloud stock opened at $5.34 on Wednesday. The business’s fifty day simple moving average is $2.47 and its 200 day simple moving average is $4.07. Big Tree Cloud has a 12 month low of $1.67 and a 12 month high of $146.60.

Big Tree Cloud (NASDAQ:DSY) last issued its quarterly earnings results on Saturday, April 4th. The company reported ($0.22) EPS for the quarter. The company had revenue of $0.25 million during the quarter.

Institutional Trading of Big Tree Cloud

A hedge fund recently bought a new stake in Big Tree Cloud stock. Virtu Financial LLC acquired a new position in shares of Big Tree Cloud Holdings Limited (NASDAQ:DSY) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 32,523 shares of the company’s stock, valued at approximately $34,000. 60.21% of the stock is owned by institutional investors and hedge funds.

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.