Experian plc (OTCMKTS:EXPGY) Sees Significant Decline in Short Interest

Experian plc (OTCMKTS:EXPGY) was the recipient of a large decline in short interest in January. As of January 31st, there was short interest totalling 46,700 shares, a decline of 18.1% from the January 15th total of 57,000 shares. Based on an average daily volume of 279,300 shares, the days-to-cover ratio is currently 0.2 days.

Experian Price Performance

OTCMKTS EXPGY traded down $0.20 on Monday, hitting $49.50. The company had a trading volume of 58,091 shares, compared to its average volume of 138,786. The company’s fifty day moving average price is $45.74 and its 200-day moving average price is $47.67. Experian has a 12-month low of $39.58 and a 12-month high of $53.10.

Analysts Set New Price Targets

Separately, Royal Bank of Canada raised shares of Experian from a “hold” rating to a “moderate buy” rating in a report on Monday, January 6th.

Experian Company Profile

Experian plc, together with its subsidiaries, operates as a technology company in North America, Latin America, the United Kingdom, Ireland, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Business-to-Business and Consumer Services. The company collects, sorts, aggregates, and transforms data from various sources to provide a range of data-driven services.