Short Interest in DSS, Inc. (NYSEAMERICAN:DSS) Expands By 160.6%

DSS, Inc. (NYSEAMERICAN:DSS) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 34,400 shares, a growth of 160.6% from the December 31st total of 13,200 shares. Currently, 1.9% of the company’s stock are sold short. Based on an average daily trading volume, of 38,500 shares, the days-to-cover ratio is currently 0.9 days.

DSS Stock Performance

Shares of NYSEAMERICAN DSS traded down $0.03 during mid-day trading on Thursday, hitting $0.79. The company had a trading volume of 34,536 shares, compared to its average volume of 20,386. DSS has a 12 month low of $0.77 and a 12 month high of $2.30. The company has a current ratio of 1.16, a quick ratio of 1.11 and a debt-to-equity ratio of 0.11.

Insiders Place Their Bets

In other DSS news, Director Heng Fai Ambrose Chan acquired 205,149 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The stock was acquired at an average price of $0.97 per share, with a total value of $198,994.53. Following the transaction, the director now owns 1,184,475 shares of the company’s stock, valued at approximately $1,148,940.75. This trade represents a 20.95 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 59.30% of the company’s stock.

Institutional Trading of DSS

A hedge fund recently bought a new stake in DSS stock. Ferguson Wellman Capital Management Inc. acquired a new stake in DSS, Inc. (NYSEAMERICAN:DSS) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 25,501 shares of the business services provider’s stock, valued at approximately $32,000. Ferguson Wellman Capital Management Inc. owned 0.36% of DSS at the end of the most recent quarter. Institutional investors and hedge funds own 53.33% of the company’s stock.

DSS Company Profile

DSS, Inc operates in the product packaging, biotechnology, commercial lending, securities and investment management, alternative trading, and direct marketing businesses. It manufactures, markets, and sells mailers, photo sleeves, custom folding cartons, and 3-dimensional direct mail solutions; and markets and distributes nutritional and personal care products.