Innodata Inc (NASDAQ:INOD) Short Interest Down 37.8% in June

Share on StockTwits

Innodata Inc (NASDAQ:INOD) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totalling 6,900 shares, a decrease of 37.8% from the May 30th total of 11,100 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 17,500 shares, the days-to-cover ratio is currently 0.4 days.

Separately, TheStreet raised shares of White Mountains Insurance Group from a “c” rating to a “b” rating in a report on Monday, May 13th.

NASDAQ:INOD traded up $0.19 during mid-day trading on Friday, hitting $1.11. The stock had a trading volume of 179,084 shares, compared to its average volume of 16,857. The firm’s 50-day simple moving average is $0.98. Innodata has a twelve month low of $0.88 and a twelve month high of $2.05. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.35.

Innodata (NASDAQ:INOD) last issued its earnings results on Thursday, May 9th. The technology company reported ($0.02) earnings per share for the quarter. The firm had revenue of $13.69 million during the quarter. Innodata had a negative net margin of 2.73% and a negative return on equity of 2.92%.

Innodata Company Profile

Innodata Inc operates as a digital services and solution company worldwide. The company operates through three segments: Digital Data Solutions (DDS), Synodex, and Agility PR Solutions (Agility). The DDS segment combines deep neural networks and human expertise to make unstructured information useable for various domains, including health, science, and law.

Further Reading: Certificate of Deposit (CD) For Risk Adverse Investors?

Receive News & Ratings for Innodata Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Innodata and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.