Short Interest in DPC Holdings PLC (NYSE:DPC) Expands By ∞

DPC Holdings PLC (NYSE:DPC) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 3,885,679 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average trading volume of 2,925,529 shares, the short-interest ratio is presently 1.3 days. Approximately 2.7% of the shares of the company are sold short.

Insider Buying and Selling

In other news, CEO Michael (Mike) Joseph Quinn bought 435,121 shares of the business’s stock in a transaction dated Friday, June 26th. The shares were acquired at an average price of $33.00 per share, for a total transaction of $14,358,993.00. Following the completion of the transaction, the chief executive officer owned 435,121 shares of the company’s stock, valued at approximately $14,358,993. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Jason Mays bought 85,973 shares of the business’s stock in a transaction dated Friday, June 26th. The shares were purchased at an average price of $33.00 per share, for a total transaction of $2,837,109.00. Following the transaction, the chief operating officer directly owned 93,456 shares of the company’s stock, valued at approximately $3,084,048. This represents a 1,148.91% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 2,297,621 shares of company stock valued at $75,821,493 over the last ninety days.

DPC Trading Up 1.5%

DPC stock opened at $46.71 on Thursday. DPC has a 12 month low of $42.90 and a 12 month high of $53.50.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded DPC to a “hold” rating in a research note on Saturday, July 4th.