DS Smith Plc (OTCMKTS:DITHF) Short Interest Update

DS Smith Plc (OTCMKTS:DITHF) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 88,300 shares, an increase of 13.4% from the December 15th total of 77,900 shares. Based on an average daily trading volume, of 15,100 shares, the days-to-cover ratio is currently 5.8 days.

DS Smith Stock Down 3.5 %

Shares of DS Smith stock opened at $7.17 on Monday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.86 and a quick ratio of 0.64. DS Smith has a 12-month low of $3.90 and a 12-month high of $7.43. The company’s fifty day simple moving average is $7.11 and its two-hundred day simple moving average is $6.36.

DS Smith Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, January 29th. Investors of record on Friday, December 13th will be given a dividend of $6.20 per share. This represents a dividend yield of 3.16%. The ex-dividend date of this dividend is Thursday, December 12th.

Analyst Upgrades and Downgrades

Separately, Barclays raised DS Smith from a “strong sell” rating to a “hold” rating in a research note on Monday, November 11th.

DS Smith Company Profile

DS Smith Plc provides packaging solutions, paper products, and recycling services worldwide. The company offers transit and transport, consumer, retail and shelf ready, heavy duty, fiber base pallets, automotive standard, multi-material, dangerous goods, and e-commerce packaging, as well as packaging for food and drinks, health and beauty, apparel and footwear, home and DIY, and consumer electronics.