DSS, Inc. (NYSEAMERICAN:DSS) Stock Short Interest Declines 53.1%

DSS, Inc. (NYSEAMERICAN:DSS) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 126,411 shares, a drop of 53.1% from the September 15th total of 269,353 shares. Based on an average daily volume of 56,272 shares, the short-interest ratio is presently 2.2 days. Currently, 3.2% of the company’s shares are short sold.

DSS Stock Performance

DSS stock remained flat at $0.60 during trading hours on Thursday. 3,070 shares of the company’s stock traded hands, compared to its average volume of 1,125,408. DSS has a 12 month low of $0.36 and a 12 month high of $1.86. The company has a market cap of $6.06 million, a price-to-earnings ratio of -0.20 and a beta of 1.04. The business’s 50-day simple moving average is $0.63 and its 200-day simple moving average is $0.63. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.15 and a current ratio of 0.19.

DSS (NYSEAMERICAN:DSS) last issued its earnings results on Friday, August 14th. The business services provider reported ($0.48) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.30) by ($0.18). DSS had a negative return on equity of 198.16% and a negative net margin of 149.84%. The business had revenue of $3.60 million for the quarter, compared to the consensus estimate of $4.60 million.

About DSS

DSS, Inc, formerly known as Document Security Systems, is a diversified holding company that develops and operates businesses in several industries. The company’s activities have expanded beyond its original focus on document and brand-protection technologies to include packaging, biotechnology, healthcare, direct marketing, blockchain security and related consumer products.

Through its packaging operations, DSS provides custom folding cartons, specialty packaging and other printed packaging solutions for commercial customers.