Experian PLC (OTCMKTS:EXPGY) Sees Large Decline in Short Interest

Experian PLC (OTCMKTS:EXPGY) was the recipient of a significant drop in short interest in December. As of December 31st, there was short interest totaling 844 shares, a drop of 88.3% from the December 15th total of 7,235 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 204,751 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 204,751 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Citigroup raised shares of Experian from a “neutral” rating to a “buy” rating in a research report on Friday, November 21st. Wolfe Research upgraded Experian from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Strong Buy”.

Experian Price Performance

Shares of EXPGY stock traded down $0.93 during mid-day trading on Monday, reaching $45.78. The stock had a trading volume of 1,487,736 shares, compared to its average volume of 312,208. Experian has a one year low of $39.08 and a one year high of $55.21. The firm’s 50 day simple moving average is $44.80 and its 200 day simple moving average is $48.79.

About Experian

Experian is a global information services company that specializes in consumer and business credit reporting, data analytics, and decisioning technologies. The company collects and aggregates data from a range of sources to produce credit reports and credit scores, and it provides tools that help lenders, insurers, retailers and other organizations assess credit risk, detect fraud, and make automated decisions. In addition to core credit reporting, Experian offers identity verification, fraud prevention, credit monitoring and consumer education services targeted at both individual consumers and enterprise clients.

Products and services include business credit and risk management solutions, marketing data and analytics to support customer acquisition and segmentation, and software-as-a-service platforms and APIs that enable real-time decisioning and workflow integration.