Informa plc (OTCMKTS:IFJPY) Sees Large Increase in Short Interest
by Doug Wharley · The Cerbat GemInforma plc (OTCMKTS:IFJPY – Get Free Report) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 41,853 shares, an increase of 50.4% from the November 30th total of 27,836 shares. Based on an average daily trading volume, of 55,052 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily trading volume, of 55,052 shares, the days-to-cover ratio is currently 0.8 days.
Informa Stock Up 0.4%
OTCMKTS IFJPY traded up $0.10 on Monday, reaching $24.10. The company had a trading volume of 21,307 shares, compared to its average volume of 15,664. Informa has a 1 year low of $16.29 and a 1 year high of $26.82. The firm has a 50-day moving average of $25.21 and a 200-day moving average of $24.30.
Informa Company Profile
Informa PLC is a United Kingdom–based publishing, business intelligence and exhibitions group formed in 1998 through the merger of IBC Group plc and LLP Group plc. Headquartered in London, the company has grown into a global provider of knowledge and event solutions for professional and academic audiences.
Through its academic publishing arm, Taylor & Francis, Informa publishes peer-reviewed journals, books and digital content across the sciences, social sciences and humanities. Its information services division offers research reports, data analytics platforms and consultancy to industry professionals in sectors such as financial services, pharmaceuticals and technology.
Informa’s events business organises trade shows, conferences and exhibitions around the world, covering markets including healthcare, energy, consumer goods and aviation.