Infratil Limited (OTCMKTS:IFUUF) Short Interest Update

Infratil Limited (OTCMKTS:IFUUF) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 1,416,691 shares, a drop of 36.2% from the July 15th total of 2,221,309 shares. Based on an average trading volume of 7,033 shares, the short-interest ratio is presently 201.4 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group initiated coverage on Infratil in a report on Sunday, June 21st. They set a “buy” rating on the stock. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy”.

Infratil Stock Performance

IFUUF remained flat at $9.65 during midday trading on Tuesday. Infratil has a one year low of $6.31 and a one year high of $9.65. The stock has a fifty day simple moving average of $9.15 and a two-hundred day simple moving average of $7.99.

About Infratil

Infratil Limited is an infrastructure investment firm specializing in digital Infrastructure, renewables, and social infrastructure. They prefer to invest in renewable electricity, data centers, telecommunications networks healthcare, and airports. It invests around the world. Infratil Limited was incorporated in 1994 and is based in Wellington, New Zealand.