DPC Holdings PLC (NYSE:DPC) Short Interest Update

DPC Holdings PLC (NYSE:DPC) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 3,885,679 shares, a growth of ? from the June 15th total of 0 shares. Approximately 2.7% of the company’s shares are short sold. Based on an average daily volume of 2,925,529 shares, the short-interest ratio is presently 1.3 days.

Insider Buying and Selling at DPC

In other DPC news, Director Taiwo K. Danmola bought 60,604 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The shares were purchased at an average cost of $33.00 per share, with a total value of $1,999,932.00. Following the purchase, the director directly owned 60,604 shares in the company, valued at approximately $1,999,932. This represents a ? increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO David John Egan bought 275,363 shares of DPC stock in a transaction on Friday, June 26th. The shares were acquired at an average price of $33.00 per share, for a total transaction of $9,086,979.00. Following the completion of the acquisition, the chief financial officer owned 294,529 shares in the company, valued at $9,719,457. This represents a 1,436.73% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have acquired 2,297,621 shares of company stock valued at $75,821,493.

DPC Stock Up 1.5%

Shares of NYSE DPC opened at $46.71 on Thursday. DPC has a 1 year low of $42.90 and a 1 year high of $53.50.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded DPC to a “hold” rating in a research note on Saturday, July 4th.