InPost S.A. – Unsponsored ADR (OTCMKTS:INPOY) Shares Shorted: Short Interest Up 48.3% in September

InPost S.A. – Unsponsored ADR (OTCMKTS:INPOY – Get Free Report) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 685 shares, a growth of 48.3% from the August 31st total of 462 shares. Based on an average daily volume of 2,646 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

InPost Stock Up 2.3%

Shares of OTCMKTS INPOY traded up $0.20 during trading hours on Thursday, reaching $8.78. The stock had a trading volume of 12,208 shares, compared to its average volume of 35,812. InPost has a 52-week low of $5.28 and a 52-week high of $9.19. The business’s fifty day moving average price is $8.85 and its two-hundred day moving average price is $8.79.

Wall Street Analysts Forecast Growth

Separately, UBS Group lowered InPost to a “neutral” rating in a research report on Wednesday, August 5th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.

Read Our Latest Analysis on INPOY

About InPost

(Get Free Report)

InPost is a technology-enabled logistics company specializing in automated parcel lockers and out-of-home delivery services. Its network of parcel machines allows consumers to send, receive and return packages without requiring a home delivery, while its logistics operations support parcel collection, transportation and last-mile fulfillment for retailers, businesses and individuals.

Founded in Poland, InPost has expanded its parcel-locker model across several European markets, including the United Kingdom, France, Italy, Spain, Portugal, Belgium, Luxembourg and the Netherlands.

Further Reading

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