DPC Holdings PLC (NYSE:DPC) Short Interest Update

DPC Holdings PLC (NYSE:DPC) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 3,885,679 shares, a growth of ? from the June 15th total of 0 shares. Based on an average trading volume of 2,925,529 shares, the days-to-cover ratio is presently 1.3 days. Currently, 2.7% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of DPC to a “hold” rating in a report on Saturday, July 4th.

DPC Trading Up 0.5%

Shares of DPC stock traded up $0.22 during mid-day trading on Friday, reaching $46.26. The stock had a trading volume of 1,455,783 shares, compared to its average volume of 1,989,505. DPC has a one year low of $42.90 and a one year high of $53.50.

Insiders Place Their Bets

In related news, Director Dirkson R. Charles bought 212,121 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The shares were acquired at an average price of $33.00 per share, with a total value of $6,999,993.00. Following the completion of the transaction, the director owned 511,466 shares of the company’s stock, valued at $16,878,378. The trade was a 70.86% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Henry F. Brooks bought 10,604 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The shares were bought at an average cost of $33.00 per share, for a total transaction of $349,932.00. Following the transaction, the director directly owned 10,604 shares of the company’s stock, valued at $349,932. This trade represents a ? increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 2,297,621 shares of company stock valued at $75,821,493 in the last 90 days.