Informa plc (OTCMKTS:IFJPY) Sees Significant Decline in Short Interest

Informa plc (OTCMKTS:IFJPY) was the recipient of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 6,200 shares, a decline of 16.2% from the January 31st total of 7,400 shares. Based on an average daily volume of 4,100 shares, the days-to-cover ratio is presently 1.5 days.

Informa Price Performance

OTCMKTS:IFJPY traded up $0.12 during midday trading on Thursday, hitting $21.58. The company’s stock had a trading volume of 1,524 shares, compared to its average volume of 3,263. Informa has a fifty-two week low of $18.68 and a fifty-two week high of $22.78. The firm’s 50 day moving average is $20.96 and its 200-day moving average is $21.23.

About Informa

Informa plc operates as an international events, digital services, and academic research company in the United Kingdom, Continental Europe, the United States, China, and internationally. It operates through four segments: Informa Markets, Informa Tech, Informa Connect, and Taylor & Francis. The Informa Connect segment delivers digital content, and live events and on-demand experiences for professionals through in-person, live, and online platforms that enables businesses and professionals to meet, network, discuss, and learn.