Document Security Systems, Inc. (NYSEAMERICAN:DSS) Sees Large Increase in Short Interest

Document Security Systems, Inc. (NYSEAMERICAN:DSS) was the target of a large growth in short interest in August. As of August 31st, there was short interest totalling 157,700 shares, a growth of 47.1% from the August 15th total of 107,200 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 3,970,000 shares, the short-interest ratio is currently 0.0 days.

A number of institutional investors have recently modified their holdings of the business. Morgan Stanley raised its stake in shares of Document Security Systems by 83.2% during the first quarter. Morgan Stanley now owns 9,162 shares of the business services provider’s stock valued at $33,000 after acquiring an additional 4,160 shares during the last quarter. Bank of New York Mellon Corp bought a new position in shares of Document Security Systems during the first quarter valued at $58,000. Schonfeld Strategic Advisors LLC raised its stake in shares of Document Security Systems by 206.1% during the first quarter. Schonfeld Strategic Advisors LLC now owns 45,300 shares of the business services provider’s stock valued at $163,000 after acquiring an additional 30,500 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Document Security Systems by 19.0% during the second quarter. Geode Capital Management LLC now owns 210,178 shares of the business services provider’s stock valued at $376,000 after acquiring an additional 33,559 shares during the last quarter. Finally, Citadel Advisors LLC bought a new position in shares of Document Security Systems during the first quarter valued at $131,000. Hedge funds and other institutional investors own 14.63% of the company’s stock.

Shares of Document Security Systems stock opened at $1.26 on Tuesday. Document Security Systems has a fifty-two week low of $1.14 and a fifty-two week high of $7.62. The company has a current ratio of 7.93, a quick ratio of 7.64 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $85.16 million, a price-to-earnings ratio of 2.14 and a beta of 1.94.

About Document Security Systems

Document Security Systems, Inc engages in the development and distribution of paper and plastic products designed to protect valuable information from unauthorized scanning, copying, and digital imaging. It operates through the following segments: Packaging and Printing, Plastics, Digital, Technology Management, Direct Marketing, and Corporate.

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