DSS, Inc. (NYSEAMERICAN:DSS) Short Interest Down 50.0% in July

DSS, Inc. (NYSEAMERICAN:DSS) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 190,348 shares, a drop of 50.0% from the July 15th total of 380,908 shares. Based on an average daily trading volume, of 51,882 shares, the short-interest ratio is currently 3.7 days. Currently, 4.9% of the shares of the company are short sold.

DSS Stock Performance

Shares of NYSEAMERICAN DSS traded up $0.05 during midday trading on Friday, hitting $0.57. 39,311 shares of the company’s stock were exchanged, compared to its average volume of 45,096. The company has a quick ratio of 0.19, a current ratio of 0.22 and a debt-to-equity ratio of 0.44. DSS has a 12 month low of $0.36 and a 12 month high of $1.90. The company’s 50 day moving average price is $0.57 and its 200 day moving average price is $0.72. The firm has a market capitalization of $5.67 million, a PE ratio of -0.19 and a beta of 0.97.

DSS (NYSEAMERICAN:DSS) last posted its quarterly earnings results on Friday, August 14th. The business services provider reported ($0.48) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.30) by ($0.18). DSS had a negative net margin of 149.84% and a negative return on equity of 175.13%. The business had revenue of $3.60 million during the quarter, compared to the consensus estimate of $4.60 million.

About DSS

Document Security Systems, Inc (NYSEAMERICAN: DSS) is a provider of anti-counterfeit and authentication technologies designed to protect high-value products and secure documents against forgery. The company develops both physical and digital security solutions, including proprietary micro-optic devices such as DOVIDs (Diffractive Optically Variable Image Devices), custom holographic labels, and tamper-evident seals. These solutions are used to safeguard brand integrity in sectors ranging from consumer goods and pharmaceuticals to banknotes and government identity documents.

In addition to its optical security products, DSS offers the veraID™ digital authentication platform, which enables real-time verification of authenticity via smartphones or dedicated readers.