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

WH Smith PLC (OTCMKTS:WHTPF) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 85,864 shares, an increase of 530.0% from the March 31st total of 13,630 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

WH Smith Price Performance

Shares of OTCMKTS WHTPF opened at $7.44 on Friday. WH Smith has a 1-year low of $7.44 and a 1-year high of $8.09. The business has a 50-day moving average of $7.98 and a 200-day moving average of $8.64.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on WHTPF. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of WH Smith in a report on Tuesday, January 6th. Investec raised WH Smith from a “hold” rating to a “buy” rating in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

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.