Short Interest in Information Services Co. (OTCMKTS:IRMTF) Rises By 830.1%

Information Services Co. (OTCMKTS:IRMTF) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 72,606 shares, a growth of 830.1% from the June 15th total of 7,806 shares. Based on an average daily volume of 156,365 shares, the short-interest ratio is currently 0.5 days.

Analyst Upgrades and Downgrades

IRMTF has been the subject of a number of analyst reports. Raymond James Financial lowered shares of Information Services to a “market perform” rating in a research report on Tuesday, May 19th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Information Services in a report on Wednesday, June 3rd. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Information Services Stock Performance

OTCMKTS:IRMTF remained flat at $35.90 during trading hours on Friday. Information Services has a 1-year low of $23.12 and a 1-year high of $36.83. The firm has a 50 day moving average of $35.56 and a two-hundred day moving average of $34.30.

About Information Services

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.