Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) Sees Large Increase in Short Interest

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 1,387 shares, an increase of 897.8% from the May 14th total of 139 shares. Based on an average daily trading volume, of 8,250 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Indra Sistemas Trading Up 2.8%

Shares of ISMAY opened at $31.58 on Friday. The business’s 50-day moving average price is $30.54 and its 200-day moving average price is $30.64. Indra Sistemas has a twelve month low of $18.42 and a twelve month high of $38.30. The stock has a market cap of $11.16 billion, a PE ratio of 21.19 and a beta of 0.63. The company has a quick ratio of 1.46, a current ratio of 1.24 and a debt-to-equity ratio of 0.60.

Indra Sistemas Company Profile

Indra Sistemas SA is a Madrid-based global technology and consulting firm specializing in information and communications technology (ICT) and defense systems. The company designs, develops and implements turnkey solutions for sectors including transportation, energy, public administration, financial services, telecommunications and security. Through system integration, application development, managed services and outsourcing, Indra helps clients navigate digital transformation and optimize operational performance.

In its defense and security business, Indra delivers radar systems, air traffic management platforms, command-and-control centers, simulation and training tools, as well as cybersecurity solutions.