Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) Short Interest Up 260.2% in August

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 16,978 shares, a growth of 260.2% from the July 30th total of 4,714 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 5,666 shares, the days-to-cover ratio is currently 3.0 days.

Indra Sistemas Stock Up 2.5%

ISMAY stock opened at $36.29 on Friday. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.58. Indra Sistemas has a fifty-two week low of $19.06 and a fifty-two week high of $38.30. The firm’s 50-day simple moving average is $31.96 and its 200 day simple moving average is $31.48. The stock has a market cap of $12.82 billion, a PE ratio of 24.69 and a beta of 0.64.

Indra Sistemas (OTCMKTS:ISMAY) last posted its earnings results on Thursday, July 23rd. The company reported $0.48 earnings per share (EPS) for the quarter. Indra Sistemas had a net margin of 7.12% and a return on equity of 22.61%. The firm had revenue of $2.14 billion during the quarter.

Analyst Ratings Changes

Separately, Morgan Stanley upgraded Indra Sistemas to an “overweight” rating in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

Indra Sistemas Company Profile

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.