Short Interest in DSS, Inc. (NYSEAMERICAN:DSS) Expands By 23.4%

DSS, Inc. (NYSEAMERICAN:DSS) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 13,200 shares, an increase of 23.4% from the November 30th total of 10,700 shares. Currently, 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 34,600 shares, the days-to-cover ratio is presently 0.4 days.

DSS Stock Down 4.8 %

Shares of NYSEAMERICAN DSS traded down $0.05 during midday trading on Tuesday, reaching $0.95. 24,057 shares of the company’s stock were exchanged, compared to its average volume of 17,463. The company has a quick ratio of 1.11, a current ratio of 1.16 and a debt-to-equity ratio of 0.11. DSS has a 52-week low of $0.81 and a 52-week high of $2.79.

Insider Activity

In other news, Director Heng Fai Ambrose Chan purchased 205,149 shares of the company’s 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 purchase, the director now directly owns 1,184,475 shares of the company’s stock, valued at approximately $1,148,940.75. This represents a 20.95 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 59.30% of the company’s stock.

Institutional Investors Weigh In On DSS

An institutional investor recently bought a new position in DSS stock. Ferguson Wellman Capital Management Inc. bought a new stake in DSS, Inc. (NYSEAMERICAN:DSS) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor 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 filing with the SEC. 53.33% of the stock is owned by institutional investors.

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.