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

System1, Inc. (NYSE:SST) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 195,844 shares, a growth of 69.9% from the August 15th total of 115,243 shares. Currently, 2.1% of the shares of the company are sold short. Based on an average daily trading volume, of 928,455 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on SST. Wall Street Zen upgraded shares of System1 from a “strong sell” rating to a “sell” rating in a report on Saturday, August 8th. Weiss Ratings cut System1 from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, September 3rd. Finally, Benchmark decreased their price target on System1 from $8.00 to $6.50 and set a “buy” rating on the stock in a research report on Thursday, August 6th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, System1 currently has an average rating of “Hold” and an average price target of $6.50.

System1 Trading Up 7.1%

Shares of NYSE SST traded up $0.23 during midday trading on Friday, hitting $3.45. The stock had a trading volume of 164,214 shares, compared to its average volume of 1,384,631. The firm has a market cap of $36.19 million, a P/E ratio of -0.31 and a beta of 1.58. System1 has a fifty-two week low of $1.35 and a fifty-two week high of $9.30. The company has a debt-to-equity ratio of 13.11, a current ratio of 0.77 and a quick ratio of 0.77. The company’s 50-day simple moving average is $2.37 and its 200 day simple moving average is $2.71.

System1 (NYSE:SST) last posted its quarterly earnings results on Wednesday, August 5th. The company reported ($1.54) earnings per share (EPS) for the quarter. The firm had revenue of $30.20 million during the quarter. System1 had a negative net margin of 50.66% and a negative return on equity of 439.90%.

System1 Company Profile

System1, Inc is a technology and digital marketing company focused on customer acquisition. The company operates a data-driven marketing platform designed to help advertisers identify, reach and convert high-intent consumers across digital channels.

Its core platform, known as the Responsive Acquisition Marketing Platform, or RAMP, uses data, predictive models and machine learning to support customer acquisition campaigns. System1 works with advertising partners and publishers to generate traffic and leads, with activities spanning search, social media, display advertising and other online marketing formats.

The company also operates and develops consumer-focused digital media properties and websites that attract users and support its advertising and subscription businesses.