International Distributions Services plc (OTCMKTS:ROYMF) Short Interest Update

International Distributions Services plc (OTCMKTS:ROYMF) was the target of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 550,900 shares, a decline of 11.8% from the January 31st total of 624,300 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 5,509.0 days.

International Distributions Services Stock Performance

Shares of International Distributions Services stock remained flat at $4.48 during trading hours on Thursday. The business’s 50-day simple moving average is $4.47 and its 200 day simple moving average is $4.37. International Distributions Services has a fifty-two week low of $4.48 and a fifty-two week high of $4.50.

International Distributions Services Company Profile

International Distribution Services plc, together with its subsidiaries, operates as a universal postal service provider in the United Kingdom and internationally. The company offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. It also provides services for the collection, sorting, and delivery of parcels and letters.