DSS, Inc. (NYSEAMERICAN:DSS) Sees Significant Growth in Short Interest

DSS, Inc. (NYSEAMERICAN:DSS) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 639,991 shares, an increase of 289.3% from the May 31st total of 164,381 shares. Currently, 16.4% of the shares of the company are sold short. Based on an average daily volume of 7,906,876 shares, the days-to-cover ratio is presently 0.1 days.

DSS Stock Performance

Shares of DSS traded down $0.02 during trading hours on Friday, hitting $0.54. The company’s stock had a trading volume of 158,642 shares, compared to its average volume of 4,394,468. The business has a 50 day simple moving average of $0.57 and a two-hundred day simple moving average of $0.83. DSS has a 52-week low of $0.36 and a 52-week high of $1.90. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.22 and a quick ratio of 0.19. The company has a market cap of $5.42 million, a price-to-earnings ratio of -0.20 and a beta of 0.97.

DSS (NYSEAMERICAN:DSS) last announced its quarterly earnings results on Tuesday, March 31st. The business services provider reported ($1.63) EPS for the quarter. DSS had a negative net margin of 124.24% and a negative return on equity of 130.66%. The business had revenue of $4.13 million for the quarter.

DSS Company Profile

Document Security Systems, Inc (NYSEAMERICAN: DSS) is a provider of anti-counterfeit and authentication technologies designed to protect high-value products and secure documents against forgery. The company develops both physical and digital security solutions, including proprietary micro-optic devices such as DOVIDs (Diffractive Optically Variable Image Devices), custom holographic labels, and tamper-evident seals. These solutions are used to safeguard brand integrity in sectors ranging from consumer goods and pharmaceuticals to banknotes and government identity documents.

In addition to its optical security products, DSS offers the veraID™ digital authentication platform, which enables real-time verification of authenticity via smartphones or dedicated readers.