DSS, Inc. (NYSEAMERICAN:DSS) Short Interest Up 160.6% in January

DSS, Inc. (NYSEAMERICAN:DSS) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 34,400 shares, an increase of 160.6% from the December 31st total of 13,200 shares. Approximately 1.9% of the shares of the stock are short sold. Based on an average trading volume of 38,500 shares, the days-to-cover ratio is currently 0.9 days.

Insiders Place Their Bets

In related news, Director Heng Fai Ambrose Chan acquired 205,149 shares of the firm’s stock in a transaction that occurred on Tuesday, December 10th. The stock was acquired at an average cost of $0.97 per share, with a total value of $198,994.53. Following the completion of the purchase, the director now directly owns 1,184,475 shares in the company, valued at approximately $1,148,940.75. This trade represents a 20.95 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 59.30% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in DSS stock. Ferguson Wellman Capital Management Inc. purchased a new position in shares of DSS, Inc. (NYSEAMERICAN:DSS) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 25,501 shares of the business services provider’s stock, valued at approximately $32,000. Ferguson Wellman Capital Management Inc. owned approximately 0.36% of DSS as of its most recent SEC filing. 53.33% of the stock is owned by institutional investors and hedge funds.

DSS Stock Down 3.1 %

Shares of DSS stock traded down $0.03 during trading on Thursday, hitting $0.79. 34,536 shares of the company were exchanged, compared to its average volume of 20,386. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.11 and a current ratio of 1.16. DSS has a 1-year low of $0.77 and a 1-year high of $2.30.

About DSS

DSS, Inc operates in the product packaging, biotechnology, commercial lending, securities and investment management, alternative trading, and direct marketing businesses. It manufactures, markets, and sells mailers, photo sleeves, custom folding cartons, and 3-dimensional direct mail solutions; and markets and distributes nutritional and personal care products.