Currys plc (OTCMKTS:DSITF) Short Interest Update

Currys plc (OTCMKTS:DSITF) saw 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 trading volume, of 460 shares, the days-to-cover ratio is presently 807.8 days. Based on an average daily trading volume, of 460 shares, the days-to-cover ratio is presently 807.8 days.

Currys Stock Performance

DSITF opened at $2.05 on Friday. The company has a 50 day simple moving average of $1.79 and a two-hundred day simple moving average of $1.75. Currys has a 1-year low of $1.12 and a 1-year high of $2.05.

Analysts Set New Price Targets

DSITF has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Currys in a research report on Monday, January 26th. Citigroup reaffirmed a “buy” rating on shares of Currys in a report on Wednesday, October 29th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average 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.