Short Interest in System1, Inc. (NYSE:SST) Declines By 40.6%

System1, Inc. (NYSE:SST) was the target of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 254,691 shares, a decrease of 40.6% from the May 14th total of 429,107 shares. Based on an average daily trading volume, of 200,390 shares, the short-interest ratio is currently 1.3 days. Approximately 3.0% of the company’s shares are short sold.

System1 Stock Down 2.1%

SST traded down $0.06 on Monday, hitting $2.92. The company had a trading volume of 64,250 shares, compared to its average volume of 162,121. The company has a debt-to-equity ratio of 13.11, a current ratio of 0.89 and a quick ratio of 0.89. System1 has a 52-week low of $1.35 and a 52-week high of $15.00. The stock has a fifty day simple moving average of $3.17 and a 200-day simple moving average of $3.48. The firm has a market capitalization of $28.99 million, a P/E ratio of -0.24 and a beta of 1.50.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Weiss Ratings reiterated a “sell (e+)” rating on shares of System1 in a report on Friday, May 8th. Wall Street Zen lowered shares of System1 from a “sell” rating to a “strong sell” rating in a report on Sunday, May 17th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $10.00.

Insider Transactions at System1

In other System1 news, CFO Tridivesh Kidambi purchased 26,910 shares of the business’s stock in a transaction on Wednesday, April 15th. The stock was acquired at an average cost of $3.00 per share, for a total transaction of $80,730.00. Following the completion of the transaction, the chief financial officer directly owned 146,816 shares in the company, valued at approximately $440,448. This represents a 22.44% increase in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 13.20% of the stock is currently owned by insiders.

Institutional Trading of System1

An institutional investor recently raised its position in System1 stock. BNP Paribas Financial Markets boosted its stake in System1, Inc. (NYSE:SST) by 125.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,511 shares of the company’s stock after buying an additional 2,513 shares during the period. BNP Paribas Financial Markets’ holdings in System1 were worth $25,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 87.50% of the company’s stock.

System1 Company Profile

System1, Inc (NYSE: SST) is a technology-driven marketing company that leverages machine learning and first-party consumer intent data to connect advertisers with potential customers. Headquartered in Venice, California, System1 focuses on developing automated, data-powered solutions to drive performance marketing across digital channels. The company’s platform captures real-time consumer insights and applies predictive analytics to optimize ad delivery and improve campaign efficiency.

The business operates through two primary segments: Consumer Acquisition and Consumer Research.