Information Services Co. (OTCMKTS:IRMTF) Short Interest Down 15.6% in January

Information Services Co. (OTCMKTS:IRMTF) was the recipient of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 8,339 shares, a decline of 15.6% from the January 15th total of 9,879 shares. Based on an average trading volume of 1,463 shares, the short-interest ratio is presently 5.7 days. Based on an average trading volume of 1,463 shares, the short-interest ratio is presently 5.7 days.

Information Services Stock Performance

Shares of IRMTF stock opened at $31.82 on Tuesday. Information Services has a one year low of $16.91 and a one year high of $35.13. The company’s fifty day moving average price is $32.40 and its 200-day moving average price is $27.84.

Analysts Set New Price Targets

Separately, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Information Services in a research report on Monday, October 20th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Information Services currently has an average rating of “Hold”.

About Information Services

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.