Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) Short Interest Up 110.6% in December

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 9,435 shares, an increase of 110.6% from the November 30th total of 4,481 shares. Based on an average trading volume of 4,931 shares, the days-to-cover ratio is currently 1.9 days. Based on an average trading volume of 4,931 shares, the days-to-cover ratio is currently 1.9 days.

Indra Sistemas Stock Performance

Shares of Indra Sistemas stock traded up $0.12 on Friday, hitting $28.12. The stock had a trading volume of 477 shares, compared to its average volume of 7,526. The stock’s 50-day simple moving average is $27.68 and its two-hundred day simple moving average is $23.49. Indra Sistemas has a one year low of $8.05 and a one year high of $29.70. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.41.

Indra Sistemas (OTCMKTS:ISMAY) last posted its earnings results on Thursday, October 30th. The company reported $0.26 earnings per share (EPS) for the quarter. Indra Sistemas had a return on equity of 27.69% and a net margin of 7.66%.The firm had revenue of $1.36 billion for the quarter.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ISMAY. Berenberg Bank upgraded Indra Sistemas to a “strong-buy” rating in a report on Wednesday, September 17th. Oddo Bhf raised Indra Sistemas to a “neutral” rating in a research report on Monday, October 27th. Three research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy”.

About Indra Sistemas

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.