Computershare Limited (OTCMKTS:CMSQF) Short Interest Update

Computershare Limited (OTCMKTS:CMSQF) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 102,685 shares, a decline of 45.8% from the July 15th total of 189,315 shares. Based on an average daily volume of 1,167 shares, the short-interest ratio is presently 88.0 days.

Wall Street Analysts Forecast Growth

Separately, Citigroup lowered shares of Computershare from a “buy” rating to a “neutral” rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $39.50.

Computershare Price Performance

OTCMKTS:CMSQF opened at $26.68 on Monday. Computershare has a twelve month low of $17.87 and a twelve month high of $31.83. The stock’s 50 day moving average price is $27.43 and its two-hundred day moving average price is $23.84.

Computershare Company Profile

Computershare is a global financial services company specializing in share registry, transfer agency, and stakeholder communications services. It provides technology-driven solutions for issuing and managing equity, debt, and other financial instruments on behalf of public and private companies. The company’s offerings include investor services, employee equity plan administration, proxy solicitation, meeting services, and corporate governance support.

In addition to its core share registry business, Computershare operates a corporate trust division that administers debt securities, loan agency, and payment services for issuers, trustees, and bondholders.