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

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

Indra Sistemas Stock Performance

Shares of ISMAY stock opened at $28.12 on Monday. The stock’s fifty day simple moving average is $27.68 and its 200 day simple moving average is $23.54. 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 issued its quarterly earnings data 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 company had revenue of $1.36 billion during the quarter.

Wall Street Analysts Forecast Growth

ISMAY has been the subject of several research reports. Oddo Bhf raised Indra Sistemas to a “neutral” rating in a research report on Monday, October 27th. Berenberg Bank upgraded shares of Indra Sistemas to a “strong-buy” rating in a research note on Wednesday, September 17th. Three research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus 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.