Short Interest in WH Smith PLC (OTCMKTS:WHTPF) Expands By 107.4%

WH Smith PLC (OTCMKTS:WHTPF) was the target of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 22,706 shares, a growth of 107.4% from the January 15th total of 10,948 shares. Based on an average daily trading volume, of 11,600 shares, the days-to-cover ratio is presently 2.0 days. Based on an average daily trading volume, of 11,600 shares, the days-to-cover ratio is presently 2.0 days.

WH Smith Price Performance

OTCMKTS WHTPF opened at $8.97 on Friday. The company has a fifty day simple moving average of $8.97 and a two-hundred day simple moving average of $9.66. WH Smith has a 12-month low of $8.60 and a 12-month high of $14.14.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Investec raised WH Smith from a “hold” rating to a “buy” rating in a research report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of WH Smith in a research note on Tuesday, January 6th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

WH Smith Company Profile

WH Smith PLC is a British retail company founded in 1792, known primarily for its network of newsagents and bookstores. The company operates two main divisions—High Street and Travel—serving both everyday customers and travelers. Its product range includes newspapers, magazines, books, stationery, convenience foods, and travel essentials, complemented by digital content and online sales channels.

The High Street division comprises more than 600 stores across the United Kingdom, offering a broad selection of print and convenience products to local communities.