DS Smith Plc Experiences Significant Growth in Short Interest

DS Smith Plc (OTCMKTS:DITHF - Get Free Report) saw a notable rise in short interest in January. By January 15th, the total short interest reached 88,300 shares, reflecting an increase of 13.4% from the December 31st figure of 77,900 shares. Given an average daily trading volume of 15,100 shares, the current days-to-cover ratio stands at 5.8 days.

Wall Street Analysts Predict Growth

In a separate update, Barclays upgraded DS Smith from a 'strong sell' rating to a 'hold' rating in their research note released on November 11th.

DS Smith Stock Performance

The shares of DITHF remained stable at $7.22 during trading on Monday. Over the past year, the stock hit a low of $3.90 and a high of $7.51. The company’s 50-day moving average is $7.32, while the 200-day moving average is $6.51. Financially, DS Smith has a quick ratio of 0.64, a current ratio of 0.86, and a debt-to-equity ratio of 0.52.

Dividend Announcement by DS Smith

Recently, the company declared a dividend that was paid on Wednesday, January 29th. Stockholders registered by Friday, December 13th received a $6.20 dividend payment, with the ex-dividend date set for Thursday, December 12th. This dividend yields approximately 3.16%.

About DS Smith

DS Smith Plc specializes in providing various packaging solutions, paper products, and recycling services globally. Their offerings include transport packaging, consumer packaging, and shelf-ready packaging for a wide array of goods including food and beverages, health and beauty products, electronics, and more.

Further Insights

• Top stocks outpacing DS Smith
• Guide to Transportation Stocks
• Exploring Procter & Gamble's enduring success
• Step-by-step guide on ETF screening
• Understanding Sector Rotation Trends
• Utilizing MarketBeat’s Stock Screener
• Stocks thriving during the 'Returnuary' shopping surge

This news alert is powered by automated technology, leveraging financial data to deliver quick and accurate reporting.

Considerations for Investing in DS Smith

Before making an investment in DS Smith, it’s advisable to obtain comprehensive insights.
Leading research analysts track top-rated stocks and have identified five investments they believe are poised for significant performance, notably omitting DS Smith.

Currently, analysts maintain a 'Hold' rating for DS Smith, while suggesting that other stocks could offer better opportunities.

Explore the identified stocks here.

stocks, dividends, performance