Big Tree Cloud (NASDAQ:DSY) Shares Scheduled to Reverse Split on Monday, February 23rd

Shares of Big Tree Cloud Holdings Limited (NASDAQ:DSY) are scheduled to reverse split on Monday, February 23rd. The 1-20 reverse split was announced on Thursday, February 19th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, February 20th.

Big Tree Cloud Price Performance

DSY traded down $0.02 on Thursday, hitting $0.18. 188,400 shares of the company were exchanged, compared to its average volume of 246,882. The company has a current ratio of 1.14, a quick ratio of 1.06 and a debt-to-equity ratio of 1.25. The firm has a 50-day moving average price of $0.27 and a two-hundred day moving average price of $0.68. Big Tree Cloud has a twelve month low of $0.17 and a twelve month high of $44.00.

Institutional Trading of Big Tree Cloud

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 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,720,762 shares of the company’s stock, valued at approximately $8,030,000. Big Tree Cloud comprises about 9.2% of Sabby Management LLC’s portfolio, making the stock its largest holding. Sabby Management LLC owned 8.12% of Big Tree Cloud at the end of the most recent reporting period. Institutional investors and hedge funds own 60.21% of the company’s stock.

Big Tree Cloud Company Profile

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.