Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) Sees Significant Increase in Short Interest

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) saw 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 stock are sold short. Based on an average trading volume of 5,666 shares, the short-interest ratio is presently 3.0 days.

Wall Street Analyst Weigh In

Separately, Morgan Stanley raised shares of Indra Sistemas to an “overweight” rating in a research note on Tuesday, July 14th. One 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. Based on data from MarketBeat, the company has a consensus rating of “Buy”.

Indra Sistemas Stock Performance

OTCMKTS:ISMAY opened at $35.27 on Thursday. The stock has a market capitalization of $12.46 billion, a P/E ratio of 23.99 and a beta of 0.64. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.58. Indra Sistemas has a 1 year low of $19.06 and a 1 year high of $38.30. The firm has a 50 day moving average of $31.77 and a 200-day moving average of $31.41.

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

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.