Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) Short Interest Up 223.1% in July

Key Points

• Indra Sistemas S.A. saw a significant increase in short interest, rising by 223.1% in July, with the total short interest reaching 4,200 shares.
• The company recently announced a dividend of $0.0882 per share, yielding 42.0%, but has a low dividend payout ratio of 6.78%.
• Analysts have upgraded Indra Sistemas from a "hold" rating to a "strong-buy" rating, indicating increased confidence in the company's future performance.

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY - Get Free Report) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 4,200 shares, agrowthof223.1% from the June 30th total of 1,300 shares. Based on an average daily volume of 10,100 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 10,100 shares, the short-interest ratio is currently 0.4 days.

Indra Sistemas Stock Down 1.8%

Shares of ISMAY traded down $0.37 during trading hours on Friday, hitting $20.26. 469 shares of the company were exchanged, compared to its average volume of 5,316. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.24 and a current ratio of 1.24. The firm's 50 day moving average is $21.14 and its 200-day moving average is $16.28. Indra Sistemas has a 52 week low of $8.05 and a 52 week high of $23.49.

Indra Sistemas (OTCMKTS:ISMAY - Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported $0.18 earnings per share (EPS) for the quarter. Indra Sistemas had a return on equity of 29.73% and a net margin of 7.65%. The firm had revenue of $1.22 billion during the quarter.

Indra Sistemas Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, July 25th. Investors of record on Thursday, July 10th were paid a $0.0882 dividend. The ex-dividend date was Wednesday, July 9th. This represents a yield of 42.0%. Indra Sistemas's dividend payout ratio (DPR) is presently 7.63%.

Analysts Set New Price Targets

Several equities research analysts recently commented on ISMAY shares. BNP Paribas started coverage on Indra Sistemas in a research note on Tuesday, May 13th. They issued a "neutral" rating for the company. Kepler Capital Markets raised shares of Indra Sistemas from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 20th. Finally, The Goldman Sachs Group upgraded shares of Indra Sistemas from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 8th.

About Indra Sistemas

Indra Sistemas, SA operates as a technology and consulting company for aerospace, defense, and mobility business worldwide. The company operates through four segments: Defence, Air Traffic, Mobility, and Minsait. It offers Mova Consulting for planing and designing transport infrastructures; Mova Collect for ticketing, tolling, and back office applications; Mova Traffic for building traffic management and control solutions; Mova Protect for protection of businesses and people; Mova Experience; Mova Comms for connecting the transportation ecosystem with personalized communication solutions; Mova Care that provides infrastructure operation and maintenance, technology operation and maintenance, and transportation services operation and maintenance; and In-Mova Space, a technological mobility and infrastructure management platform.