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

DSS, Inc. (NYSEAMERICAN:DSS) was the target of a large growth in short interest in 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. Based on an average daily volume of 38,500 shares, the days-to-cover ratio is currently 0.9 days. Currently, 1.9% of the company’s shares are sold short.

DSS Trading Up 1.2 %

Shares of DSS stock traded up $0.01 during trading hours on Wednesday, reaching $0.83. The company had a trading volume of 5,544 shares, compared to its average volume of 19,542. The company has a current ratio of 1.16, a quick ratio of 1.11 and a debt-to-equity ratio of 0.11. DSS has a twelve month low of $0.81 and a twelve month high of $2.30.

Insider Transactions at DSS

In related news, Director Heng Fai Ambrose Chan acquired 205,149 shares of the business’s stock in a transaction on Tuesday, December 10th. The shares were bought at an average cost of $0.97 per share, with a total value of $198,994.53. Following the completion of the transaction, the director now directly owns 1,184,475 shares of the company’s stock, valued at $1,148,940.75. This trade represents a 20.95 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 59.30% of the company’s stock.

Hedge Funds Weigh In On 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) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. 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 about 0.36% of DSS at the end of the most recent reporting period. 53.33% of the stock is owned by institutional investors and hedge funds.

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.