Big Tree Cloud Holdings Limited (NASDAQ:DSY) Short Interest Down 59.5% in December

Big Tree Cloud Holdings Limited (NASDAQ:DSY) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 5,838 shares, a decline of 59.5% from the December 15th total of 14,404 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 131,183 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 131,183 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Big Tree Cloud Stock Performance

Shares of NASDAQ:DSY traded up $0.00 on Thursday, reaching $0.28. The company’s stock had a trading volume of 82,971 shares, compared to its average volume of 371,487. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.14 and a quick ratio of 1.06. Big Tree Cloud has a 52-week low of $0.24 and a 52-week high of $7.33. The stock’s 50-day moving average is $0.39 and its two-hundred day moving average is $0.87.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Big Tree Cloud stock. Sabby Management LLC bought a new position in shares of Big Tree Cloud Holdings Limited (NASDAQ:DSY) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,720,762 shares of the company’s stock, valued at approximately $8,030,000. Big Tree Cloud makes up 9.2% of Sabby Management LLC’s investment portfolio, making the stock its biggest holding. Sabby Management LLC owned approximately 8.12% of Big Tree Cloud at the end of the most recent reporting period. 60.21% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Big Tree Cloud in a research note on Saturday, September 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

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.