Innovative Solutions and Support, Inc. (NASDAQ:ISSC) Short Interest Down 13.4% in January

Innovative Solutions and Support, Inc. (NASDAQ:ISSC) saw a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 628,971 shares, a decline of 13.4% from the January 15th total of 725,972 shares. Based on an average trading volume of 446,774 shares, the short-interest ratio is currently 1.4 days. Approximately 3.7% of the company’s shares are short sold. Approximately 3.7% of the company’s shares are short sold. Based on an average trading volume of 446,774 shares, the short-interest ratio is currently 1.4 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of ISSC. Marshall Wace LLP grew its holdings in Innovative Solutions and Support by 57.4% during the 4th quarter. Marshall Wace LLP now owns 754,488 shares of the aerospace company’s stock valued at $14,290,000 after purchasing an additional 275,286 shares during the last quarter. Punch & Associates Investment Management Inc. raised its position in Innovative Solutions and Support by 94.1% during the 4th quarter. Punch & Associates Investment Management Inc. now owns 595,174 shares of the aerospace company’s stock valued at $11,273,000 after purchasing an additional 288,479 shares in the last quarter. Vanguard Group Inc. lifted its stake in Innovative Solutions and Support by 3.5% in the third quarter. Vanguard Group Inc. now owns 556,188 shares of the aerospace company’s stock worth $6,947,000 after acquiring an additional 18,866 shares during the period. WealthTrust Axiom LLC lifted its position in shares of Innovative Solutions and Support by 19.4% in the 4th quarter. WealthTrust Axiom LLC now owns 386,370 shares of the aerospace company’s stock worth $7,318,000 after purchasing an additional 62,712 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in Innovative Solutions and Support by 1.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 377,833 shares of the aerospace company’s stock valued at $7,158,000 after purchasing an additional 5,525 shares during the last quarter. Institutional investors own 28.53% of the company’s stock.

Innovative Solutions and Support Price Performance

ISSC traded up $0.00 during trading on Tuesday, hitting $19.83. 65,298 shares of the company traded hands, compared to its average volume of 529,797. Innovative Solutions and Support has a 1 year low of $5.30 and a 1 year high of $23.80. The company has a current ratio of 3.04, a quick ratio of 1.50 and a debt-to-equity ratio of 0.34. The stock’s 50-day simple moving average is $18.43 and its two-hundred day simple moving average is $14.06. The company has a market cap of $352.56 million, a PE ratio of 18.79 and a beta of 0.64.

Innovative Solutions and Support (NASDAQ:ISSC) last announced its quarterly earnings results on Thursday, February 12th. The aerospace company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.15. The company had revenue of $21.81 million during the quarter, compared to analyst estimates of $18.82 million. Innovative Solutions and Support had a return on equity of 31.80% and a net margin of 21.02%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on ISSC shares. Zacks Research raised shares of Innovative Solutions and Support from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 24th. JonesTrading upgraded shares of Innovative Solutions and Support to a “strong-buy” rating in a report on Monday, January 5th. Craig Hallum assumed coverage on Innovative Solutions and Support in a research report on Friday, December 5th. They issued a “buy” rating and a $16.00 price target for the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Innovative Solutions and Support in a research note on Thursday, January 22nd. Finally, Wall Street Zen upgraded shares of Innovative Solutions and Support from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. Four analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Innovative Solutions and Support has an average rating of “Strong Buy” and a consensus price target of $16.25.

Innovative Solutions and Support Company Profile

Innovative Solutions and Support, Inc (NASDAQ: ISSC) is a provider of technology solutions and mission support services to U.S. federal government agencies, with a focus on defense, intelligence, and national security programs. The company delivers integrated program management, systems engineering, and advanced IT infrastructure support designed to enhance operational readiness and maintain secure, scalable environments for mission-critical operations.

Its core service offerings include systems integration, custom software development, data analytics, cybersecurity, and logistics management.