DSS, Inc. (NYSEAMERICAN:DSS) Short Interest Update

DSS, Inc. (NYSEAMERICAN:DSS) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 34,400 shares, an increase of 160.6% from the December 31st total of 13,200 shares. Approximately 1.9% of the company’s stock are sold short. Based on an average daily trading volume, of 38,500 shares, the days-to-cover ratio is currently 0.9 days.

Insiders Place Their Bets

In other news, Director Heng Fai Ambrose Chan bought 205,149 shares of DSS stock in a transaction that occurred on Tuesday, December 10th. The shares were purchased at an average price of $0.97 per share, with a total value of $198,994.53. Following the completion of the acquisition, the director now directly owns 1,184,475 shares in the company, valued at $1,148,940.75. The trade was a 20.95 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 59.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in DSS stock. Ferguson Wellman Capital Management Inc. bought a new stake in DSS, Inc. (NYSEAMERICAN:DSS) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 25,501 shares of the business services provider’s stock, valued at approximately $32,000. Ferguson Wellman Capital Management Inc. owned approximately 0.36% of DSS as of its most recent SEC filing. Hedge funds and other institutional investors own 53.33% of the company’s stock.

DSS Stock Performance

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

About DSS

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.