Information Services Co. (OTCMKTS:IRMTF) Short Interest Up 156.1% in May

Information Services Co. (OTCMKTS:IRMTF) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 5,906 shares, an increase of 156.1% from the May 14th total of 2,306 shares. Based on an average trading volume of 194 shares, the short-interest ratio is currently 30.4 days.

Analyst Upgrades and Downgrades

IRMTF has been the topic of a number of recent analyst reports. Raymond James Financial downgraded Information Services to a “market perform” rating in a research note on Tuesday, May 19th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Information Services in a research report on Wednesday, June 3rd. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Information Services has an average rating of “Hold”.

Information Services Stock Performance

Shares of OTCMKTS IRMTF remained flat at $36.38 during midday trading on Friday. The stock has a fifty day moving average price of $34.07 and a 200 day moving average price of $32.99. Information Services has a 1-year low of $22.86 and a 1-year high of $36.83.

Information Services Company Profile

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.