DSS, Inc. (NYSEAMERICAN:DSS) Short Interest Down 50.0% in July

DSS, Inc. (NYSEAMERICAN:DSS) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 190,348 shares, a decline of 50.0% from the July 15th total of 380,908 shares. Based on an average daily volume of 51,882 shares, the short-interest ratio is currently 3.7 days. Currently, 4.9% of the company’s stock are sold short.

DSS Stock Up 9.6%

Shares of DSS traded up $0.05 on Friday, hitting $0.57. The company’s stock had a trading volume of 39,311 shares, compared to its average volume of 45,096. The firm’s fifty day moving average price is $0.57 and its 200-day moving average price is $0.72. DSS has a fifty-two week low of $0.36 and a fifty-two week high of $1.90. The company has a quick ratio of 0.19, a current ratio of 0.22 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $5.67 million, a price-to-earnings ratio of -0.19 and a beta of 0.97.

DSS (NYSEAMERICAN:DSS) last announced its earnings results on Friday, August 14th. The business services provider reported ($0.48) EPS for the quarter, missing the consensus estimate of ($0.30) by ($0.18). DSS had a negative return on equity of 175.13% and a negative net margin of 149.84%.The company had revenue of $3.60 million for the quarter, compared to analyst estimates of $4.60 million.

DSS Company Profile

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.