Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) Short Interest Update

Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 890,500 shares, a decrease of 14.4% from the December 31st total of 1,040,000 shares. Currently, 6.4% of the shares of the stock are short sold. Based on an average daily volume of 203,800 shares, the days-to-cover ratio is currently 4.4 days.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Altisource Portfolio Solutions in a research note on Wednesday, January 29th. They set a “sell” rating on the stock.

Altisource Portfolio Solutions Stock Down 2.1 %

NASDAQ ASPS traded down $0.01 during trading on Monday, hitting $0.66. 39,358 shares of the stock traded hands, compared to its average volume of 136,011. The company has a market capitalization of $17.86 million, a P/E ratio of -0.46 and a beta of 0.90. Altisource Portfolio Solutions has a 12-month low of $0.43 and a 12-month high of $3.17. The firm has a 50-day simple moving average of $0.73 and a 200-day simple moving average of $1.00.

Altisource Portfolio Solutions Company Profile

Altisource Portfolio Solutions SA operates as an integrated service provider and marketplace for the real estate and mortgage industries in the United States and internationally. It operates through Servicer and Real Estate, and Origination segments. The Servicer and Real Estate segment offers property preservation, inspection, title insurance and settlement, real estate valuation, foreclosure trustee, and residential and commercial construction inspection and risk mitigation services.