DSS, Inc. (NYSEAMERICAN:DSS) Short Interest Up 160.6% in January

DSS, Inc. (NYSEAMERICAN:DSS) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 34,400 shares, an increase of 160.6% from the December 31st total of 13,200 shares. Based on an average daily volume of 38,500 shares, the days-to-cover ratio is currently 0.9 days. Approximately 1.9% of the company’s stock are sold short.

Insiders Place Their Bets

In other news, Director Heng Fai Ambrose Chan acquired 205,149 shares of the company’s stock in a transaction on Tuesday, December 10th. The shares were bought at an average cost of $0.97 per share, with a total value of $198,994.53. Following the transaction, the director now owns 1,184,475 shares in the company, valued at approximately $1,148,940.75. This trade represents a 20.95 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 59.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in DSS stock. Ferguson Wellman Capital Management Inc. acquired a new stake in DSS, Inc. (NYSEAMERICAN:DSS) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 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 at the end of the most recent quarter. 53.33% of the stock is currently owned by hedge funds and other institutional investors.

DSS Price Performance

DSS traded up $0.01 on Friday, reaching $0.80. The company’s stock had a trading volume of 793 shares, compared to its average volume of 19,400. 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 fifty-two week low of $0.77 and a fifty-two week high of $2.30.

About DSS

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.