System1, Inc. (NYSE:SST) Short Interest Update

System1, Inc. (NYSE:SST) was the target of a large increase in short interest in March. As of March 13th, there was short interest totaling 256,957 shares, an increase of 24.6% from the February 26th total of 206,162 shares. Approximately 3.0% of the shares of the stock are sold short. Based on an average daily volume of 26,222 shares, the days-to-cover ratio is presently 9.8 days.

Institutional Investors Weigh In On System1

An institutional investor recently raised its position in System1 stock. BNP Paribas Financial Markets raised its stake in System1, Inc. (NYSE:SST) by 125.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,511 shares of the company’s stock after buying an additional 2,513 shares during the period. BNP Paribas Financial Markets’ holdings in System1 were worth $25,000 as of its most recent SEC filing. 87.50% of the stock is owned by institutional investors and hedge funds.

System1 Price Performance

SST traded up $0.80 on Wednesday, reaching $3.82. The stock had a trading volume of 1,874,181 shares, compared to its average volume of 1,804,848. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 13.11. The company has a market capitalization of $37.80 million, a price-to-earnings ratio of -0.49 and a beta of 1.56. System1 has a fifty-two week low of $1.35 and a fifty-two week high of $15.00. The firm has a 50-day moving average of $3.13 and a 200-day moving average of $4.61.

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

Analysts Set New Price Targets

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

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.