THUMZUP MEDIA Corp (NASDAQ:DTCX) Short Interest Update

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

THUMZUP MEDIA Stock Up 2.2%

NASDAQ:DTCX traded up $0.04 during trading hours on Wednesday, reaching $1.81. 63,693 shares of the company’s stock were exchanged, compared to its average volume of 334,112. THUMZUP MEDIA has a 1-year low of $1.51 and a 1-year high of $5.66. The company has a 50-day moving average of $2.05 and a 200 day moving average of $2.20. The firm has a market capitalization of $72.82 million, a price-to-earnings ratio of -1.62 and a beta of 0.57.

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

Wall Street Analysts Forecast Growth

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, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

THUMZUP MEDIA Company Profile

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.