IBEX Limited (NASDAQ:IBEX) Sees Large Decrease in Short Interest

14 Oct 2026, 19:01 by Kim Johansen · The Markets Daily

IBEX Limited (NASDAQ:IBEX – Get Free Report) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 187,730 shares, a decrease of 50.2% from the September 15th total of 377,282 shares. Approximately 1.5% of the company’s shares are sold short. Based on an average daily trading volume, of 157,714 shares, the short-interest ratio is currently 1.2 days.

Insider Buying and Selling at IBEX

In related news, insider Paul Inson sold 2,500 shares of IBEX stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $40.07, for a total value of $100,175.00. Following the transaction, the insider owned 27,224 shares in the company, valued at approximately $1,090,865.68. This trade represents a 8.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Christina O’Connor sold 2,376 shares of the business’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $39.34, for a total value of $93,471.84. Following the sale, the insider directly owned 26,855 shares of the company’s stock, valued at approximately $1,056,475.70. This trade represents a 8.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 97,465 shares of company stock worth $3,882,291. 3.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Bullock Wealth Management Group acquired a new position in IBEX during the 3rd quarter worth approximately $36,000. Sargent Investment Group LLC acquired a new stake in IBEX in the fourth quarter valued at approximately $249,000. Evolve Private Wealth LLC grew its position in IBEX by 5.7% in the first quarter. Evolve Private Wealth LLC now owns 10,280 shares of the company’s stock valued at $276,000 after acquiring an additional 555 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its stake in shares of IBEX by 33.0% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 10,576 shares of the company’s stock valued at $321,000 after purchasing an additional 2,625 shares during the period. Finally, Janney Montgomery Scott LLC raised its stake in shares of IBEX by 3.1% during the first quarter. Janney Montgomery Scott LLC now owns 16,358 shares of the company’s stock valued at $439,000 after purchasing an additional 495 shares during the period. 81.24% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on IBEX. Weiss Ratings upgraded IBEX from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday. Wall Street Zen cut IBEX from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 12th. Finally, Robert W. Baird increased their target price on shares of IBEX from $40.00 to $44.00 and gave the stock a “neutral” rating in a research report on Monday, September 28th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $42.00.

View Our Latest Analysis on IBEX

IBEX Stock Down 1.8%

Shares of IBEX stock traded down $0.80 during trading hours on Wednesday, hitting $44.48. The company’s stock had a trading volume of 48,435 shares, compared to its average volume of 123,628. The business has a fifty day moving average of $39.66 and a 200 day moving average of $33.97. IBEX has a 1-year low of $25.94 and a 1-year high of $45.84. The company has a market capitalization of $590.63 million, a PE ratio of 14.22 and a beta of 0.69.

IBEX (NASDAQ:IBEX – Get Free Report) last posted its earnings results on Friday, September 11th. The company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.01. IBEX had a net margin of 7.19% and a return on equity of 28.96%. The business had revenue of $164.27 million for the quarter, compared to analyst estimates of $160.02 million.

About IBEX

(Get Free Report)

IBEX Limited is a provider of business process outsourcing and customer experience solutions. The company helps brands manage customer interactions across voice, chat, email, social media and other digital channels, combining contact-center operations with technology, analytics and automation.

Its services include customer care, technical support, sales, revenue generation, back-office processing and trust and safety programs. IBEX also offers digital transformation and artificial intelligence-enabled tools intended to improve customer engagement, agent productivity and operational performance.