DS Smith Plc (OTCMKTS:DITHF) is seeing a significant increase in short interest

DS Smith Plc (OTCMKTS:DITHF – Get Your Free Report ) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 764,300 shares, an increase of 6.8% from the July 15th total of 715,600 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 1,273.8 days.

DS Smith stock performance

Shares of DITHF stock opened at $5.74 on Friday. The company has a 50-day simple moving average of $5.23 and a 200-day simple moving average of $4.72. DS Smith has a 52 week low of $3.21 and a 52 week high of $5.74.

DS Smith Company Profile

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DS Smith Plc provides packaging solutions, paper products and recycling services worldwide. The company offers packaging for transit and transportation, consumer, retail and ready-to-shelf, heavy-duty, fiber-based pallets, automotive standard, multi-material, dangerous goods and e-commerce packaging, as well as food and beverage, health and beauty packaging , clothing and footwear, home and DIY and consumer electronics.

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