Short Interest in Currys plc (OTCMKTS:DSITF) Rises By 26.9%

Currys plc (OTCMKTS:DSITF) was the target of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 471,597 shares, a growth of 26.9% from the January 29th total of 371,597 shares. Based on an average daily trading volume, of 5,949 shares, the days-to-cover ratio is presently 79.3 days. Based on an average daily trading volume, of 5,949 shares, the days-to-cover ratio is presently 79.3 days.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Currys in a report on Monday, January 26th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

Currys Price Performance

Shares of OTCMKTS:DSITF opened at $2.01 on Thursday. The business has a 50-day simple moving average of $1.88 and a two-hundred day simple moving average of $1.81. Currys has a fifty-two week low of $1.12 and a fifty-two week high of $2.05.

Currys Company Profile

Currys (OTCMKTS: DSITF) is a leading multi‐channel retailer of consumer electronics and household appliances, serving both retail and business customers. The company’s product offerings span a broad range of categories, including computing, mobile phones, major domestic appliances, audio-visual equipment and small domestic appliances. Currys operates through a combination of physical stores, e-commerce platforms and click-and-collect services, providing customers with flexible shopping options.

The origins of Currys trace back to the merger of Dixons Retail and Carphone Warehouse in 2014, creating one of Europe’s largest specialist electrical retailers.