Short Interest in WH Smith PLC (OTCMKTS:WHTPF) Increases By 530.0%

WH Smith PLC (OTCMKTS:WHTPF) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totaling 85,864 shares, a growth of 530.0% from the March 31st total of 13,630 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

WH Smith Price Performance

Shares of WHTPF stock remained flat at $7.44 during trading hours on Friday. The business’s 50-day moving average is $7.98 and its 200-day moving average is $8.64. WH Smith has a 12 month low of $7.44 and a 12 month high of $8.09.

Analysts Set New Price Targets

WHTPF has been the subject of several research reports. Investec raised WH Smith from a “hold” rating to a “buy” rating in a report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of WH Smith in a research note on Tuesday, January 6th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

About WH Smith

WH Smith PLC is a British retail company founded in 1792, known primarily for its network of newsagents and bookstores. The company operates two main divisions—High Street and Travel—serving both everyday customers and travelers. Its product range includes newspapers, magazines, books, stationery, convenience foods, and travel essentials, complemented by digital content and online sales channels.

The High Street division comprises more than 600 stores across the United Kingdom, offering a broad selection of print and convenience products to local communities.