DS Smith Plc (OTCMKTS:DITHF) Sees Large Decrease in Short Interest

DS Smith Plc (OTCMKTS:DITHF) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 357,400 shares, a drop of 5.1% from the March 31st total of 376,500 shares. Based on an average daily trading volume, of 5,000 shares, the short-interest ratio is presently 71.5 days.

DS Smith Stock Performance

DITHF stock remained flat at $5.25 during trading on Tuesday. The stock has a 50 day moving average price of $4.69 and a 200 day moving average price of $3.78. DS Smith has a 12-month low of $3.21 and a 12-month high of $5.65. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.73 and a current ratio of 0.94.

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.