DS Smith Plc (OTCMKTS:DITHF) Short Interest Update

DS Smith Plc (OTCMKTS:DITHF) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 88,300 shares, a growth of 13.4% from the December 31st total of 77,900 shares. Based on an average daily trading volume, of 15,100 shares, the days-to-cover ratio is presently 5.8 days.

DS Smith Stock Performance

Shares of DITHF remained flat at $7.22 during trading hours on Monday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.64 and a current ratio of 0.86. The stock’s 50-day simple moving average is $7.32 and its two-hundred day simple moving average is $6.51. DS Smith has a 1 year low of $3.90 and a 1 year high of $7.51.

DS Smith Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, January 29th. Investors of record on Friday, December 13th were issued a dividend of $6.20 per share. The ex-dividend date of this dividend was Thursday, December 12th. This represents a dividend yield of 3.16%.

Analyst Ratings Changes

Separately, Barclays upgraded DS Smith from a “strong sell” rating to a “hold” rating in a research report on Monday, November 11th.

DS Smith Company Profile

DS Smith Plc provides packaging solutions, paper products, and recycling services worldwide. The company offers transit and transport, consumer, retail and shelf ready, heavy duty, fiber base pallets, automotive standard, multi-material, dangerous goods, and e-commerce packaging, as well as packaging for food and drinks, health and beauty, apparel and footwear, home and DIY, and consumer electronics.