Short Interest in DS Smith Plc (OTCMKTS:DITHF) Expands By 12.7%

DS Smith Plc (OTCMKTS:DITHF) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 376,500 shares, a growth of 12.7% from the March 15th total of 334,200 shares. Based on an average trading volume of 28,700 shares, the days-to-cover ratio is currently 13.1 days.

DS Smith Stock Performance

DS Smith stock remained flat at $5.20 during midday trading on Tuesday. The firm has a fifty day moving average price of $4.36 and a two-hundred day moving average price of $3.69. DS Smith has a twelve month low of $3.21 and a twelve month high of $5.65. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.94 and a quick ratio of 0.73.

DS Smith Company Profile

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.