System1, Inc. (NYSE:SST) Short Interest Up 24.6% in March

System1, Inc. (NYSE:SST) was the recipient of a significant growth in short interest in March. As of March 13th, there was short interest totaling 256,957 shares, a growth of 24.6% from the February 26th total of 206,162 shares. Based on an average daily trading volume, of 26,222 shares, the short-interest ratio is currently 9.8 days. Currently, 3.0% of the shares of the stock are short sold.

Institutional Trading of System1

A hedge fund recently bought a new stake in System1 stock. Citadel Advisors LLC purchased a new position in shares of System1, Inc. (NYSE:SST) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 10,056 shares of the company’s stock, valued at approximately $71,000. Citadel Advisors LLC owned about 0.10% of System1 as of its most recent filing with the SEC. 87.50% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of System1 in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, System1 presently has an average rating of “Hold” and an average price target of $10.00.

System1 Trading Down 3.8%

NYSE SST traded down $0.12 during trading hours on Tuesday, reaching $3.02. The company’s stock had a trading volume of 5,746,557 shares, compared to its average volume of 5,231,320. The firm has a fifty day simple moving average of $3.13 and a 200-day simple moving average of $4.61. The company has a debt-to-equity ratio of 13.11, a current ratio of 1.02 and a quick ratio of 1.02. System1 has a 52 week low of $1.35 and a 52 week high of $15.00. The stock has a market cap of $29.90 million, a P/E ratio of -0.36 and a beta of 1.56.

System1 (NYSE:SST) last posted its earnings results on Wednesday, March 11th. The company reported ($1.65) earnings per share for the quarter. The business had revenue of $51.94 million for the quarter. System1 had a negative return on equity of 163.44% and a negative net margin of 24.55%.

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.