THUMZUP MEDIA Corp (NASDAQ:DTCX) Short Interest Update

THUMZUP MEDIA Corp (NASDAQ:DTCX) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 441,623 shares, a decrease of 41.6% from the August 15th total of 756,224 shares. Based on an average trading volume of 354,354 shares, the short-interest ratio is presently 1.2 days. Currently, 1.9% of the company’s stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of THUMZUP MEDIA from a “sell (e)” rating to a “sell (d-)” rating in a research note on Tuesday, September 1st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

THUMZUP MEDIA Price Performance

Shares of NASDAQ:DTCX opened at $2.13 on Friday. The business’s 50-day moving average is $2.07 and its 200 day moving average is $2.22. THUMZUP MEDIA has a 1 year low of $1.51 and a 1 year high of $5.94. The firm has a market capitalization of $85.51 million, a P/E ratio of -1.92 and a beta of 0.57.

THUMZUP MEDIA (NASDAQ:DTCX) last issued its quarterly earnings results on Wednesday, August 12th. The company reported ($0.14) earnings per share for the quarter. THUMZUP MEDIA had a negative return on equity of 27.02% and a negative net margin of 195.52%.The business had revenue of $1.91 million during the quarter.

THUMZUP MEDIA Company Profile

Thumzup Media Corporation develops a social media marketing platform designed to help businesses promote their products and services through user-generated content. Its platform connects advertisers with social media users who can share approved promotional content and receive compensation for qualifying posts.

The company’s technology is intended to provide businesses with tools for creating and managing marketing campaigns, encouraging customer engagement, and expanding their presence across social media channels.