Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) Short Interest Update

Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 890,500 shares, a decrease of 14.4% from the December 31st total of 1,040,000 shares. Currently, 6.4% of the company’s stock are sold short. Based on an average trading volume of 203,800 shares, the days-to-cover ratio is presently 4.4 days.

Altisource Portfolio Solutions Trading Down 4.3 %

Altisource Portfolio Solutions stock traded down $0.03 during mid-day trading on Friday, reaching $0.67. The company’s stock had a trading volume of 91,753 shares, compared to its average volume of 130,871. The firm has a market cap of $18.24 million, a price-to-earnings ratio of -0.47 and a beta of 0.90. Altisource Portfolio Solutions has a twelve month low of $0.43 and a twelve month high of $3.17. The business has a 50 day moving average price of $0.73 and a 200-day moving average price of $1.00.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Altisource Portfolio Solutions in a report on Wednesday. They issued a “sell” rating for the company.

About Altisource Portfolio Solutions

Altisource Portfolio Solutions SA operates as an integrated service provider and marketplace for the real estate and mortgage industries in the United States and internationally. It operates through Servicer and Real Estate, and Origination segments. The Servicer and Real Estate segment offers property preservation, inspection, title insurance and settlement, real estate valuation, foreclosure trustee, and residential and commercial construction inspection and risk mitigation services.