DS Smith Plc (OTCMKTS:DITHF) Short Interest Update

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

DS Smith Price Performance

DS Smith stock opened at $7.17 on Monday. The firm has a fifty day simple moving average of $7.11 and a two-hundred day simple moving average of $6.36. 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 twelve month low of $3.90 and a twelve month high of $7.43.

DS Smith Cuts Dividend

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

Wall Street Analyst Weigh In

Separately, Barclays raised shares of DS Smith from a “strong sell” rating to a “hold” rating in a report 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.