Experian PLC (OTCMKTS:EXPGY) Sees Significant Decline in Short Interest

Key Points

• Experian PLC experienced a significant drop in short interest, decreasing by 64.1% in September, with a total of 6,900 shares as of September 15th.
• The stock price of Experian traded down 4.7% to $47.23 during mid-day trading, with a recent trading volume surpassing its average.
• Citigroup maintains a "neutral" rating on Experian, with the consensus rating from analysts being a "Hold."

Experian PLC (OTCMKTS:EXPGY - Get Free Report) was the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 6,900 shares, a drop of 64.1% from the August 31st total of 19,200 shares. Based on an average daily volume of 84,500 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 84,500 shares, the short-interest ratio is presently 0.1 days.

Experian Trading Down 4.7%

Shares of EXPGY stock traded down $2.32 during mid-day trading on Thursday, reaching $47.23. The stock had a trading volume of 88,071 shares, compared to its average volume of 85,358. The stock's 50-day moving average price is $51.72 and its two-hundred day moving average price is $50.29. Experian has a 52-week low of $39.08 and a 52-week high of $55.21. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.71 and a quick ratio of 0.71.

Analyst Upgrades and Downgrades

Separately, Citigroup reiterated a "neutral" rating on shares of Experian in a research report on Wednesday, July 16th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of "Hold".

About Experian

Experian plc, together with its subsidiaries, operates as a technology company in North America, Latin America, the United Kingdom, Ireland, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Business-to-Business and Consumer Services. The company collects, sorts, aggregates, and transforms data from various sources to provide a range of data-driven services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.