Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) Shares Shorted: Short Interest Down 71.5% in September

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 4,795 shares, a decrease of 71.5% from the August 31st total of 16,817 shares. Based on an average daily trading volume, of 15,360 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley raised shares of Indra Sistemas to an “overweight” rating in a research report on Tuesday, July 14th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Indra Sistemas Stock Performance

OTCMKTS:ISMAY opened at $35.13 on Friday. Indra Sistemas has a fifty-two week low of $21.90 and a fifty-two week high of $38.30. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.80 and a current ratio of 1.80. The company has a 50 day moving average price of $34.60 and a 200 day moving average price of $31.73. The stock has a market capitalization of $12.41 billion, a P/E ratio of 23.90 and a beta of 0.64.

Indra Sistemas (OTCMKTS:ISMAY) last announced its earnings results on Thursday, July 23rd. The company reported $0.48 earnings per share (EPS) for the quarter. Indra Sistemas had a return on equity of 22.61% and a net margin of 7.12%.The company had revenue of $2.14 billion for the quarter.

About Indra Sistemas

Indra Sistemas, SA is a Spanish technology and consulting company that develops solutions for the aerospace, defense, transportation, security and digital transformation markets. The company serves public-sector organizations, infrastructure operators and commercial enterprises through technology integration, engineering, consulting and managed services.

Its activities include defense and security systems, radar and mission-management solutions, air traffic management, airport and rail technologies, payment and ticketing systems, and space-related capabilities.