DAVIDsTEA Inc. (NASDAQ:DTEA) went up to recover about 32.59% since recording its record low price of $1.07. The stock experienced -5.33% slump, arriving at $1.42 on 3/14/2019. During the day, the stock price traveled from $1.39 to $1.5. This company shares are 145.07% off its target price of $3.48 and the current market capitalization stands at $35.97M. The recent change has given its price a 0.52% lead over SMA 50 and -73.46% deficit over its 52-week high. The stock witnessed -8.39% declines, -20.67% declines and -58.24% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found DTEA’s volatility during a week at 7.31% and during a month it has been found around 5.68%.

DAVIDsTEA Inc. (DTEA) Top Holders

Institutional investors currently hold around $2 million or 6.1% in DTEA stock. Look at its top three institutional owners: Anson Funds Management Lp owns $490 thousand in DAVIDsTEA Inc., which represents roughly 1.36% of the company’s market cap and approximately 24.5% of the institutional ownership. Similar statistics are true for the second largest owner, Parallax Volatility Advisers, L.P., which owns 242,461 shares of the stock are valued at $364 thousand. The third largest holder is Susquehanna International Group, Llp, which currently holds $230 thousand worth of this stock and that ownership represents nearly 0.64% of its market capitalization.

DAVIDsTEA Inc. 13F Filings

At the end of December reporting period, 15 institutional holders increased their position in DAVIDsTEA Inc. (NASDAQ:DTEA) by some 1,084,241 shares, 9 decreased positions by 239,124 and 5 held positions by 40,685. That puts total institutional holdings at 1,364,050 shares, according to SEC filings. The stock grabbed 11 new institutional investments totaling 639,887 shares while 6 institutional investors sold out their entire positions totaling 183,570 shares.

DAVIDsTEA Inc. operates as a retailer of specialty tea in Canada and the United States. The company offers approximately 135 loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts, and accessories; and food, as well as tea beverages, such as hot or iced tea, and tea lattes. It provides loose-leaf tea in white, green, oolong, black, pu’erh, mate, rooibos, and herbal tea categories. As of February 03, 2018, the company owned and operated 240 DAVIDsTEA stores. It also provides its products through its Website, davidstea.com.