Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) Short Interest Update

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) was the target of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 100 shares, a drop of 77.1% from the June 15th total of 436 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 12,431 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

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

Indra Sistemas Stock Performance

Shares of ISMAY opened at $26.68 on Tuesday. The firm has a market cap of $9.42 billion, a P/E ratio of 17.90 and a beta of 0.66. Indra Sistemas has a twelve month low of $19.06 and a twelve month high of $38.30. The firm’s 50 day moving average price is $30.16 and its two-hundred day moving average price is $30.93.

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.