Today Infosys Limited American Depositary Shares (NYSE:INFY) Reported Decrease in Shorted Shares

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The stock of Infosys Limited American Depositary Shares (NYSE:INFY) registered a decrease of 11.59% in short interest. INFY’s total short interest was 90.56 million shares in September as published by FINRA. Its down 11.59% from 102.43 million shares, reported previously. With 11.51 million shares average volume, it will take short sellers 8 days to cover their INFY’s short positions.

The stock increased 1.03% or $0.12 during the last trading session, reaching $11.8. About 7.62 million shares traded. Infosys Limited (NYSE:INFY) has risen 14.16% since September 13, 2018 and is uptrending. It has outperformed by 14.16% the S&P500.

Infosys Limited, together with its subsidiaries, provides consulting, technology, and outsourcing services in North America, Europe, India, and internationally. The company has market cap of $48.84 billion. It provides business information technology services, including application development and maintenance, independent validation, infrastructure management, and business process management services, as well as engineering services, such as engineering and life cycle solutions; and consulting and systems integration services comprising consulting, enterprise solutions, systems integration, and advanced technologies. It has a 23.14 P/E ratio. The companyÂ’s products include Finacle, a banking solution that provides analytics, core banking, consumer e-banking, corporate e-banking, Islamic banking, mobile banking, origination, payments, SME enable, treasury, wealth management, and youth banking solutions.

More notable recent Infosys Limited (NYSE:INFY) news were published by: Prnewswire.com which released: “Cybersecurity a Board Room Imperative in Nearly 50 Percent of Global Enterprises – PRNewswire” on September 05, 2019, also Seekingalpha.com with their article: “Infosys – Avoid At Current Levels – Seeking Alpha” published on April 14, 2019, Seekingalpha.com published: “Infosys Q1 2020 Earnings Preview – Seeking Alpha” on July 11, 2019. More interesting news about Infosys Limited (NYSE:INFY) were released by: Gurufocus.com and their article: “Need Reskilling and Non-traditional Talent Nurturing in a Culture of Lifelong Learning – Finds New Global Research from Infosys – GuruFocus.com” published on September 12, 2019 as well as Finance.Yahoo.com‘s news article titled: “5 Dividend Growth Stocks to Consider in Light of Falling Treasury Yields – Yahoo Finance” with publication date: August 19, 2019.

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