WH Smith PLC (OTCMKTS:WHTPF) Sees Significant Growth in Short Interest

WH Smith PLC (OTCMKTS:WHTPF) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 366,133 shares, an increase of 174.8% from the June 15th total of 133,243 shares. Based on an average trading volume of 9,128 shares, the days-to-cover ratio is currently 40.1 days.

WH Smith Price Performance

OTCMKTS:WHTPF opened at $7.44 on Wednesday. WH Smith has a 1 year low of $7.44 and a 1 year high of $8.09. The stock has a 50-day moving average price of $7.44 and a two-hundred day moving average price of $8.03.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of WH Smith in a research note on Monday, April 27th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

WH Smith Company Profile

WH Smith PLC is a British retail company founded in 1792, known primarily for its network of newsagents and bookstores. The company operates two main divisions—High Street and Travel—serving both everyday customers and travelers. Its product range includes newspapers, magazines, books, stationery, convenience foods, and travel essentials, complemented by digital content and online sales channels.

The High Street division comprises more than 600 stores across the United Kingdom, offering a broad selection of print and convenience products to local communities.