Information Services Co. (OTCMKTS:IRMTF) Short Interest Update

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

Analyst Upgrades and Downgrades

Separately, CIBC reaffirmed 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 an average rating of “Hold”.

Information Services Stock Up 0.3%

OTCMKTS IRMTF opened at $32.84 on Tuesday. Information Services has a 52 week low of $16.91 and a 52 week high of $35.13. The firm’s 50-day simple moving average is $31.27 and its two-hundred day simple moving average is $27.23.

Information Services Company Profile

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.