Information Services Co. (OTCMKTS:IRMTF) Sees Significant Increase in Short Interest

Information Services Co. (OTCMKTS:IRMTF) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 9,879 shares, a growth of 23.8% from the December 31st total of 7,979 shares. Based on an average daily volume of 80 shares, the short-interest ratio is currently 123.5 days. Based on an average daily volume of 80 shares, the short-interest ratio is currently 123.5 days.

Analyst Ratings Changes

Separately, CIBC reissued a “neutral” rating on shares of Information Services in a research report on Monday, October 20th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Information Services has a consensus rating of “Hold”.

Information Services Stock Performance

Shares of OTCMKTS:IRMTF opened at $32.86 on Wednesday. The business has a 50 day simple moving average of $31.39 and a two-hundred day simple moving average of $27.29. Information Services has a 1 year low of $16.91 and a 1 year high of $35.13.

About Information Services

Information Services Corporation provides registry and information management services for public data and records in Canada. It operates through three segments: Registry Operations, Services, and Technology Solutions. The company provides land titles registry services that issues titles to land and registers transactions affecting titles; land survey services, which registers land survey plans and creates a representation of Saskatchewan land parcels in the cadastral parcel mapping system; and geomatics services that manages geographic data in relation to the cadastral parcel mapping system.