Information Services Co. (OTCMKTS:IRMTF) Short Interest Up 23.8% in January

Information Services Co. (OTCMKTS:IRMTF) saw a large increase in short interest in the month of 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 trading volume of 80 shares, the short-interest ratio is currently 123.5 days. Based on an average trading volume of 80 shares, the short-interest ratio is currently 123.5 days.

Analyst Upgrades and Downgrades

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

Information Services Stock Performance

OTCMKTS:IRMTF opened at $32.86 on Thursday. Information Services has a fifty-two week low of $16.91 and a fifty-two week high of $35.13. The firm has a 50-day simple moving average of $31.51 and a two-hundred day simple moving average of $27.33.

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.