Short Interest in System1, Inc. (NYSE:SST) Grows By 394.0%

System1, Inc. (NYSE:SST) saw a large increase in short interest in March. As of March 31st, there was short interest totaling 1,269,301 shares, an increase of 394.0% from the March 15th total of 256,957 shares. Approximately 14.8% of the company’s stock are sold short. Based on an average daily trading volume, of 9,182,138 shares, the days-to-cover ratio is currently 0.1 days.

System1 Trading Up 2.6%

NYSE SST opened at $2.57 on Monday. The company has a debt-to-equity ratio of 13.11, a current ratio of 1.02 and a quick ratio of 1.02. The company has a market capitalization of $25.40 million, a price-to-earnings ratio of -0.31 and a beta of 1.56. The firm’s fifty day moving average price is $3.00 and its 200 day moving average price is $4.32. System1 has a 12 month low of $1.35 and a 12 month high of $15.00.

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

Hedge Funds Weigh In On System1

A hedge fund recently bought a new stake in System1 stock. Citadel Advisors LLC acquired a new stake in System1, Inc. (NYSE:SST) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,056 shares of the company’s stock, valued at approximately $71,000. Citadel Advisors LLC owned about 0.10% of System1 at the end of the most recent reporting period. 87.50% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of System1 in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $10.00.

About System1

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.