DS Smith Plc (OTCMKTS:DITHF) Short Interest Update

DS Smith Plc (OTCMKTS:DITHF) saw a significant growth in short interest in 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 daily volume of 15,100 shares, the short-interest ratio is currently 5.8 days.

DS Smith Trading Down 3.5 %

DITHF stock opened at $7.17 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.86 and a quick ratio of 0.64. The stock’s fifty day simple moving average is $7.11 and its two-hundred day simple moving average is $6.35. DS Smith has a 1-year low of $3.90 and a 1-year high of $7.43.

DS Smith Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, January 29th. Investors of record on Friday, December 13th will be issued a $6.20 dividend. This represents a dividend yield of 3.16%. The ex-dividend date 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 research report on Monday, November 11th.

About DS Smith

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.