Short Interest in Currys plc (OTCMKTS:DSITF) Drops By 47.3%

Currys plc (OTCMKTS:DSITF) saw a large drop in short interest in December. As of December 15th, there was short interest totaling 71,597 shares, a drop of 47.3% from the November 30th total of 135,838 shares. Based on an average daily trading volume, of 227 shares, the days-to-cover ratio is currently 315.4 days. Based on an average daily trading volume, of 227 shares, the days-to-cover ratio is currently 315.4 days.

Analysts Set New Price Targets

Separately, Citigroup reissued a “buy” rating on shares of Currys in a report on Wednesday, October 29th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy”.

Currys Price Performance

Shares of DSITF stock traded up $0.07 on Monday, hitting $1.74. The stock had a trading volume of 750 shares, compared to its average volume of 19,693. The company’s 50 day moving average price is $1.78 and its 200-day moving average price is $1.70. Currys has a 1 year low of $1.08 and a 1 year high of $1.92.

Currys Company Profile

Currys (OTCMKTS: DSITF) is a leading multi?channel retailer of consumer electronics and household appliances, serving both retail and business customers. The company’s product offerings span a broad range of categories, including computing, mobile phones, major domestic appliances, audio-visual equipment and small domestic appliances. Currys operates through a combination of physical stores, e-commerce platforms and click-and-collect services, providing customers with flexible shopping options.

The origins of Currys trace back to the merger of Dixons Retail and Carphone Warehouse in 2014, creating one of Europe’s largest specialist electrical retailers.