THUMZUP MEDIA Corp (NASDAQ:DTCX) Short Interest Update

THUMZUP MEDIA Corp (NASDAQ:DTCX) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 714,573 shares, a growth of 61.8% from the August 31st total of 441,623 shares. Currently, 3.2% of the shares of the stock are short sold. Based on an average daily volume of 256,671 shares, the short-interest ratio is presently 2.8 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised THUMZUP MEDIA from a “sell (e)” rating to a “sell (d-)” rating in a research note on Tuesday, September 1st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

THUMZUP MEDIA Price Performance

Shares of DTCX stock traded up $0.04 during trading on Wednesday, hitting $1.81. 63,693 shares of the stock traded hands, compared to its average volume of 334,112. THUMZUP MEDIA has a 52-week low of $1.51 and a 52-week high of $5.66. The firm has a market capitalization of $72.82 million, a P/E ratio of -1.62 and a beta of 0.57. The firm’s fifty day moving average price is $2.05 and its 200-day moving average price is $2.20.

THUMZUP MEDIA (NASDAQ:DTCX) last posted its earnings results on Wednesday, August 12th. The company reported ($0.14) earnings per share (EPS) for the quarter. THUMZUP MEDIA had a negative return on equity of 27.02% and a negative net margin of 195.52%.The business had revenue of $1.91 million for the quarter.

About THUMZUP MEDIA

Thumzup Media Corporation develops a social media marketing platform designed to help businesses promote their products and services through user-generated content. Its platform connects advertisers with social media users who can share approved promotional content and receive compensation for qualifying posts.

The company’s technology is intended to provide businesses with tools for creating and managing marketing campaigns, encouraging customer engagement, and expanding their presence across social media channels.