Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) Short Interest Update

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 4,200 shares, anincreaseof223.1% from the June 30th total of 1,300 shares. Based on an average daily volume of 10,100 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 10,100 shares, the days-to-cover ratio is currently 0.4 days.

Indra Sistemas Stock Performance

Shares of OTCMKTS:ISMAY opened at $21.20 on Wednesday. The company has a 50 day moving average price of $21.11 and a two-hundred day moving average price of $16.22. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.40. Indra Sistemas has a 52 week low of $8.05 and a 52 week high of $23.49.

Indra Sistemas (OTCMKTS:ISMAY) last announced its quarterly earnings results on Tuesday, May 6th. The company reported $0.18 earnings per share (EPS) for the quarter. The company had revenue of $1.22 billion during the quarter. Indra Sistemas had a net margin of 7.65% and a return on equity of 29.73%.

Indra Sistemas Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, July 25th. Shareholders of record on Thursday, July 10th were paid a $0.0882 dividend. This represents a yield of 42.0%. The ex-dividend date of this dividend was Wednesday, July 9th. Indra Sistemas’s payout ratio is presently 7.63%.

Wall Street Analysts Forecast Growth

ISMAY has been the topic of several recent research reports. The Goldman Sachs Group upgraded Indra Sistemas from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 8th. BNP Paribas assumed coverage on Indra Sistemas in a report on Tuesday, May 13th. They set a “neutral” rating on the stock. Finally, Kepler Capital Markets upgraded Indra Sistemas from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 20th.

Indra Sistemas Company Profile

Indra Sistemas, SA operates as a technology and consulting company for aerospace, defense, and mobility business worldwide. The company operates through four segments: Defence, Air Traffic, Mobility, and Minsait. It offers Mova Consulting for planing and designing transport infrastructures; Mova Collect for ticketing, tolling, and back office applications; Mova Traffic for building traffic management and control solutions; Mova Protect for protection of businesses and people; Mova Experience; Mova Comms for connecting the transportation ecosystem with personalized communication solutions; Mova Care that provides infrastructure operation and maintenance, technology operation and maintenance, and transportation services operation and maintenance; and In-Mova Space, a technological mobility and infrastructure management platform.