DS Smith Plc (OTCMKTS:DITHF) Sees Significant Decline in Short Interest

DS Smith Plc (OTCMKTS:DITHF) was the target of a significant drop in short interest during 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 trading volume of 5,000 shares, the short-interest ratio is presently 71.5 days.

DS Smith Stock Performance

OTCMKTS:DITHF remained flat at $5.25 during mid-day trading on Tuesday. The stock has a fifty day simple moving average of $4.69 and a two-hundred day simple moving average of $3.78. The company has a quick ratio of 0.73, a current ratio of 0.94 and a debt-to-equity ratio of 0.52. DS Smith has a 52-week low of $3.21 and a 52-week high of $5.65.

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.