Currys plc (OTCMKTS:DSITF) Short Interest Down 47.3% in December

Currys plc (OTCMKTS:DSITF) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 71,597 shares, a drop of 47.3% from the November 30th total of 135,838 shares. Based on an average daily volume of 227 shares, the short-interest ratio is presently 315.4 days. Based on an average daily volume of 227 shares, the short-interest ratio is presently 315.4 days.

Currys Stock Performance

Shares of DSITF stock opened at $1.67 on Friday. The firm’s 50-day simple moving average is $1.78 and its 200-day simple moving average is $1.70. Currys has a 1-year low of $1.08 and a 1-year high of $1.92.

Analyst Upgrades and Downgrades

Separately, Citigroup restated a “buy” rating on shares of Currys in a research report on Wednesday, October 29th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy”.

About Currys

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.