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

Big Tree Cloud Holdings Limited (NASDAQ:DSY)’s stock is going 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 market closes on Friday, February 20th.

Big Tree Cloud Trading Down 11.9%

Shares of Big Tree Cloud stock traded down $0.02 during trading on Thursday, hitting $0.18. The stock had a trading volume of 188,400 shares, compared to its average volume of 246,882. The business has a fifty day moving average of $0.27 and a two-hundred day moving average of $0.68. Big Tree Cloud has a fifty-two week low of $0.17 and a fifty-two week high of $44.00. The company has a current ratio of 1.14, a quick ratio of 1.06 and a debt-to-equity ratio of 1.25.

Hedge Funds Weigh In On Big Tree Cloud

A hedge fund recently bought a new stake in Big Tree Cloud stock. Sabby Management LLC bought a new stake in shares of Big Tree Cloud Holdings Limited (NASDAQ:DSY) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 7,720,762 shares of the company’s stock, valued at approximately $8,030,000. Big Tree Cloud comprises 9.2% of Sabby Management LLC’s investment portfolio, making the stock its largest holding. Sabby Management LLC owned about 8.12% of Big Tree Cloud as of its most recent SEC filing. Institutional investors own 60.21% of the company’s stock.

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.