Short Interest in DSS, Inc. (NYSEAMERICAN:DSS) Grows By 36.3%

DSS, Inc. (NYSEAMERICAN:DSS) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 12,400 shares, an increase of 36.3% from the January 15th total of 9,100 shares. Based on an average daily trading volume, of 39,600 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.7% of the shares of the stock are short sold.

Insider Activity

In related news, Director Heng Fai Ambrose Chan bought 205,149 shares of DSS stock in a transaction on Tuesday, December 10th. The shares were purchased at an average price of $0.97 per share, for a total transaction of $198,994.53. Following the completion of the acquisition, the director now owns 1,184,475 shares in the company, valued at approximately $1,148,940.75. This represents a 20.95 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 59.30% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On DSS

An institutional investor recently bought a new position in DSS stock. Ferguson Wellman Capital Management Inc. purchased a new position in shares of DSS, Inc. (NYSEAMERICAN:DSS) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 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 as of its most recent SEC filing. 53.33% of the stock is owned by hedge funds and other institutional investors.

DSS Trading Up 4.4 %

DSS stock traded up $0.04 during midday trading on Friday, reaching $0.95. The stock had a trading volume of 4,317 shares, compared to its average volume of 18,433. DSS has a 1-year low of $0.77 and a 1-year high of $2.30. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.16 and a quick ratio of 1.11.

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.