Currys plc (OTCMKTS:DSITF) Short Interest Up 406.6% in January

Currys plc (OTCMKTS:DSITF) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 371,597 shares, an increase of 406.6% from the January 15th total of 73,346 shares. Based on an average daily volume of 460 shares, the days-to-cover ratio is currently 807.8 days. Based on an average daily volume of 460 shares, the days-to-cover ratio is currently 807.8 days.

Analyst Ratings Changes

DSITF has been the subject of a number of research reports. Citigroup restated a “buy” rating on shares of Currys in a research report on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Currys in a research report on Monday, January 26th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Currys currently has an average rating of “Buy”.

Currys Price Performance

Shares of DSITF stock opened at $2.05 on Wednesday. Currys has a one year low of $1.12 and a one year high of $2.05. The company has a 50 day moving average price of $1.78 and a 200 day moving average price of $1.75.

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.