Infratil Limited (OTCMKTS:IFUUF) Short Interest Update

Infratil Limited (OTCMKTS:IFUUF) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 1,567,857 shares, a drop of 48.6% from the June 15th total of 3,049,113 shares. Based on an average trading volume of 67 shares, the days-to-cover ratio is currently 23,400.9 days.

Infratil Price Performance

Infratil stock remained flat at $9.16 during trading hours on Wednesday. Infratil has a 52 week low of $6.31 and a 52 week high of $9.35. The company has a fifty day moving average of $8.95 and a 200-day moving average of $7.65.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group assumed coverage on shares of Infratil in a research report on Sunday, June 21st. They set a “buy” rating on the stock. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Infratil has an average rating of “Buy”.

Infratil Company Profile

Infratil Limited is an infrastructure investment firm specializing in digital Infrastructure, renewables, and social infrastructure. They prefer to invest in renewable electricity, data centers, telecommunications networks healthcare, and airports. It invests around the world. Infratil Limited was incorporated in 1994 and is based in Wellington, New Zealand.