Document Security Systems, Inc. (NYSEAMERICAN:DSS) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totalling 222,300 shares, a decrease of 39.3% from the June 15th total of 366,000 shares. Currently, 1.9% of the shares of the company are short sold. Based on an average daily volume of 437,700 shares, the days-to-cover ratio is currently 0.5 days.
DSS stock opened at $0.41 on Friday. Document Security Systems has a fifty-two week low of $0.39 and a fifty-two week high of $1.99.
Document Security Systems (NYSEAMERICAN:DSS) last posted its earnings results on Tuesday, May 14th. The business services provider reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.02). The business had revenue of $4.81 million during the quarter.
In other Document Security Systems news, Director Heng Fai Ambrose Chan purchased 2,000,000 shares of the stock in a transaction dated Monday, June 10th. The shares were purchased at an average cost of $0.50 per share, with a total value of $1,000,000.00. Following the completion of the acquisition, the director now directly owns 2,002,912 shares in the company, valued at approximately $1,001,456. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Over the last ninety days, insiders have bought 2,004,362 shares of company stock worth $1,003,907.
About Document Security Systems
Document Security Systems, Inc focuses on developing and selling anti-counterfeiting, product authentication, and brand protection technology solutions. It operates through five segments: DSS Packaging and Printing Group, DSS Plastics Group, DSS Digital Group, DSS and DSS Technology Management, and DSS International.
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