Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) Short Interest Up 11.4% in January

Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totalling 1,040,000 shares, a growth of 11.4% from the December 31st total of 933,800 shares. Currently, 7.5% of the company’s stock are sold short. Based on an average daily trading volume, of 200,100 shares, the short-interest ratio is presently 5.2 days.

Altisource Portfolio Solutions Stock Performance

Shares of Altisource Portfolio Solutions stock traded down $0.01 on Monday, hitting $0.66. The company had a trading volume of 37,032 shares, compared to its average volume of 135,981. Altisource Portfolio Solutions has a 1 year low of $0.43 and a 1 year high of $3.17. The stock has a 50 day moving average of $0.73 and a 200-day moving average of $1.00. The stock has a market capitalization of $17.94 million, a price-to-earnings ratio of -0.47 and a beta of 0.90.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Altisource Portfolio Solutions in a research report on Wednesday, January 29th. They set 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.