Computershare Limited (OTCMKTS:CMSQF) Short Interest Update

Computershare Limited (OTCMKTS:CMSQFGet Rating) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 95,100 shares, a growth of 68.0% from the April 30th total of 56,600 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 190.2 days.

Separately, Jefferies Financial Group started coverage on shares of Computershare in a research report on Monday, May 16th. They set a “buy” rating for the company.

Computershare stock remained flat at $$16.46 during mid-day trading on Friday. Computershare has a 1 year low of $11.61 and a 1 year high of $19.15. The business’s 50 day moving average is $17.71 and its 200-day moving average is $15.72.

About Computershare (Get Rating)

Computershare Limited provides issuer, employee share plans and voucher, business, communication and utilities, technology, and mortgage and property rental services. The company offers issuer services that include register maintenance, corporate actions, stakeholder relationship management, corporate governance, and related services; mortgage services and property rental, and tenancy bond protection services; and employee share plans and voucher services comprising administration and related services for employee share and option plans, and childcare voucher administration services.

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