Big Tree Cloud Holdings Limited (NASDAQ:DSY) Sees Significant Increase in Short Interest

Big Tree Cloud Holdings Limited (NASDAQ:DSY) was the target of a large growth in short interest in April. As of April 15th, there was short interest totaling 32,667 shares, a growth of 26.4% from the March 31st total of 25,844 shares. Based on an average daily volume of 7,724 shares, the days-to-cover ratio is presently 4.2 days. Currently, 1.0% of the shares of the stock are sold short.

Big Tree Cloud Stock Performance

NASDAQ DSY traded down $0.01 on Wednesday, hitting $2.31. The stock had a trading volume of 2,702 shares, compared to its average volume of 18,928. Big Tree Cloud has a 52-week low of $2.04 and a 52-week high of $146.60. The firm has a 50-day moving average of $2.83 and a 200-day moving average of $6.27.

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 Big Tree Cloud Holdings Limited (NASDAQ:DSY) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 7,720,762 shares of the company’s stock, valued at approximately $8,030,000. Big Tree Cloud makes up approximately 9.2% of Sabby Management LLC’s investment portfolio, making the stock its biggest holding. Sabby Management LLC owned about 8.12% of Big Tree Cloud as of its most recent filing with the SEC. 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.