DPC Holdings PLC (NYSE:DPC) Sees Significant Increase in Short Interest

DPC Holdings PLC (NYSE:DPCGet Free Report) was the target of a significant increase in short interest in 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. Currently, 2.7% of the shares of the company are sold short. Based on an average trading volume of 2,925,529 shares, the short-interest ratio is presently 1.3 days.

DPC Stock Performance

Shares of DPC stock opened at $46.26 on Friday. DPC has a twelve month low of $42.90 and a twelve month high of $53.50.

Insiders Place Their Bets

In other DPC news, Director Dirkson R. Charles acquired 212,121 shares of the stock in a transaction on Friday, June 26th. The shares were bought at an average price of $33.00 per share, with a total value of $6,999,993.00. Following the acquisition, the director owned 511,466 shares of the company’s stock, valued at $16,878,378. This trade represents a 70.86% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Stanley A. Deal acquired 16,360 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The shares were acquired at an average cost of $33.00 per share, for a total transaction of $539,880.00. Following the acquisition, the director directly owned 16,360 shares of the company’s stock, valued at $539,880. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have bought 2,297,621 shares of company stock valued at $75,821,493.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Report on DPC

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