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

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 4,714 shares, an increase of 4,614.0% from the July 15th total of 100 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 17,284 shares, the short-interest ratio is currently 0.3 days.

Indra Sistemas Stock Performance

OTCMKTS ISMAY opened at $37.79 on Wednesday. The company’s 50 day simple moving average is $30.75 and its two-hundred day simple moving average is $31.03. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.76 and a quick ratio of 1.76. Indra Sistemas has a 1 year low of $19.06 and a 1 year high of $38.30. The stock has a market capitalization of $13.35 billion, a PE ratio of 25.71 and a beta of 0.63.

Indra Sistemas (OTCMKTS:ISMAY) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $0.48 EPS for the quarter. Indra Sistemas had a return on equity of 23.74% and a net margin of 7.12%.The company had revenue of $2.14 billion during the quarter.

Wall Street Analyst Weigh In

Separately, Morgan Stanley raised 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 given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy”.

About Indra Sistemas

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.