WH Smith PLC (OTCMKTS:WHTPF) Sees Large Decrease in Short Interest

WH Smith PLC (OTCMKTS:WHTPF) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 9,643 shares, a drop of 32.8% from the November 30th total of 14,353 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

WH Smith Stock Performance

Shares of WHTPF stock opened at $8.97 on Monday. WH Smith has a fifty-two week low of $8.60 and a fifty-two week high of $14.14. The stock has a 50 day moving average price of $9.00 and a two-hundred day moving average price of $10.53.

Analysts Set New Price Targets

Several research firms have commented on WHTPF. Investec downgraded shares of WH Smith to a “hold” rating in a report on Thursday, September 4th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of WH Smith in a research note on Thursday, November 20th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, WH Smith has a consensus rating of “Hold”.

About WH Smith

WH Smith PLC is a British retail company founded in 1792, known primarily for its network of newsagents and bookstores. The company operates two main divisions—High Street and Travel—serving both everyday customers and travelers. Its product range includes newspapers, magazines, books, stationery, convenience foods, and travel essentials, complemented by digital content and online sales channels.

The High Street division comprises more than 600 stores across the United Kingdom, offering a broad selection of print and convenience products to local communities.