DSS, Inc. (NYSEAMERICAN:DSS) Sees Large Drop in Short Interest

DSS, Inc. (NYSEAMERICAN:DSS) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 126,411 shares, a drop of 53.1% from the September 15th total of 269,353 shares. Approximately 3.2% of the shares of the stock are sold short. Based on an average trading volume of 56,272 shares, the short-interest ratio is currently 2.2 days.

DSS Price Performance

DSS stock traded down $0.01 during trading hours on Wednesday, hitting $0.60. 38,263 shares of the stock traded hands, compared to its average volume of 1,131,105. The stock has a 50-day simple moving average of $0.63 and a 200 day simple moving average of $0.63. The company has a market cap of $6.06 million, a P/E ratio of -0.20 and a beta of 1.04. DSS has a one year low of $0.36 and a one year high of $1.86. The company has a current ratio of 0.19, a quick ratio of 0.15 and a debt-to-equity ratio of 0.62.

DSS (NYSEAMERICAN:DSS) last posted its quarterly earnings data on Friday, August 14th. The business services provider reported ($0.48) earnings per share for the quarter, missing the consensus estimate of ($0.30) by ($0.18). DSS had a negative net margin of 149.84% and a negative return on equity of 198.16%. The business had revenue of $3.60 million for the quarter, compared to the consensus estimate of $4.60 million.

DSS Company Profile

DSS, Inc, formerly known as Document Security Systems, is a diversified holding company that develops and operates businesses in several industries. The company’s activities have expanded beyond its original focus on document and brand-protection technologies to include packaging, biotechnology, healthcare, direct marketing, blockchain security and related consumer products.

Through its packaging operations, DSS provides custom folding cartons, specialty packaging and other printed packaging solutions for commercial customers.