Short Interest in Document Security Systems, Inc. (NYSEAMERICAN:DSS) Declines By 22.1%

Document Security Systems, Inc. (NYSEAMERICAN:DSS) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 159,300 shares, a drop of 22.1% from the January 15th total of 204,400 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily volume of 188,200 shares, the short-interest ratio is currently 0.8 days.

Shares of NYSEAMERICAN:DSS opened at $0.20 on Friday. Document Security Systems has a 52-week low of $0.20 and a 52-week high of $1.99.

Document Security Systems (NYSEAMERICAN:DSS) last announced its earnings results on Thursday, November 14th. The business services provider reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.03). The business had revenue of $3.53 million during the quarter, compared to analyst estimates of $4.95 million.

An institutional investor recently raised its position in Document Security Systems stock. Vanguard Group Inc. grew its stake in shares of Document Security Systems, Inc. (NYSEAMERICAN:DSS) by 19.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 163,897 shares of the business services provider’s stock after buying an additional 26,740 shares during the period. Vanguard Group Inc. owned 0.91% of Document Security Systems worth $82,000 at the end of the most recent reporting period.

Document Security Systems Company Profile

Document Security Systems, Inc focuses on developing and selling anti-counterfeiting, product authentication, and brand protection technology solutions. It operates through five segments: DSS Packaging and Printing Group, DSS Plastics Group, DSS Digital Group, DSS and DSS Technology Management, and DSS International.

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