Short Interest in TIS Inc. (OTCMKTS:TISNF) Drops By 32.8%

TIS Inc. (OTCMKTS:TISNF) saw a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 406,300 shares, a decline of 32.8% from the February 13th total of 604,600 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 1,354.3 days.

TIS Price Performance

TISNF stock remained flat at $25.33 during midday trading on Friday. TIS has a 52 week low of $19.28 and a 52 week high of $25.33. The company’s fifty day moving average price is $25.33 and its two-hundred day moving average price is $24.06.

About TIS

TIS Inc provides information technology (IT) services in Japan and internationally. The company operates through Offering Service Business, Business Process Management, Financial IT Business, Industrial IT Business, and Regional IT Solutions segments. The Offering Service Business segment provides knowledge-intensive IT services, including digital marketing, healthcare, and business management information.