Information Services Co. (OTCMKTS:IRMTF) Short Interest Down 88.9% in December

Information Services Co. (OTCMKTS:IRMTF) was the target of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 7,979 shares, a decrease of 88.9% from the December 15th total of 71,688 shares. Based on an average daily trading volume, of 1,523 shares, the days-to-cover ratio is presently 5.2 days. Based on an average daily trading volume, of 1,523 shares, the days-to-cover ratio is presently 5.2 days.

Information Services Price Performance

OTCMKTS IRMTF traded up $0.39 on Monday, hitting $34.77. 100 shares of the stock traded hands, compared to its average volume of 150. The business’s fifty day moving average is $28.88 and its two-hundred day moving average is $26.08. Information Services has a 12 month low of $16.91 and a 12 month high of $34.77.

Analyst Upgrades and Downgrades

Separately, CIBC reiterated a “neutral” rating on shares of Information Services in a report on Monday, October 20th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

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.