DSS, Inc. (NYSEAMERICAN:DSS) Sees Large Decrease in Short Interest

DSS, Inc. (NYSEAMERICAN:DSS) was the recipient of a significant drop in short interest during the month of April. As of April 15th, there was short interest totaling 44,034 shares, a drop of 37.7% from the March 31st total of 70,683 shares. Based on an average daily volume of 22,746 shares, the short-interest ratio is currently 1.9 days. Approximately 1.4% of the company’s stock are sold short.

DSS Stock Up 11.4%

Shares of DSS stock traded up $0.06 during trading hours on Monday, hitting $0.62. 177,870 shares of the company’s stock traded hands, compared to its average volume of 105,897. The stock’s fifty day simple moving average is $0.90 and its two-hundred day simple moving average is $1.02. DSS has a 12-month low of $0.53 and a 12-month high of $1.90. The stock has a market cap of $6.26 million, a price-to-earnings ratio of -0.23 and a beta of 1.27. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 0.66.

DSS (NYSEAMERICAN:DSS) last released its earnings results on Tuesday, March 31st. The business services provider reported ($1.63) earnings per share (EPS) for the quarter. DSS had a negative net margin of 115.49% and a negative return on equity of 101.60%. The business had revenue of $4.13 million for the quarter.

About DSS

Document Security Systems, Inc (NYSEAMERICAN: DSS) is a provider of anti-counterfeit and authentication technologies designed to protect high-value products and secure documents against forgery. The company develops both physical and digital security solutions, including proprietary micro-optic devices such as DOVIDs (Diffractive Optically Variable Image Devices), custom holographic labels, and tamper-evident seals. These solutions are used to safeguard brand integrity in sectors ranging from consumer goods and pharmaceuticals to banknotes and government identity documents.

In addition to its optical security products, DSS offers the veraID™ digital authentication platform, which enables real-time verification of authenticity via smartphones or dedicated readers.