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

Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) was the recipient of a significant growth in short interest during the month of 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. Based on an average trading volume of 200,100 shares, the short-interest ratio is currently 5.2 days. Approximately 7.5% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Altisource Portfolio Solutions in a report on Wednesday, January 29th. They issued a “sell” rating for the company.

Altisource Portfolio Solutions Price Performance

Shares of Altisource Portfolio Solutions stock traded down $0.01 during midday trading on Monday, reaching $0.66. The company had a trading volume of 39,358 shares, compared to its average volume of 136,011. The firm has a market cap of $17.86 million, a PE ratio of -0.46 and a beta of 0.90. The stock has a fifty day moving average price of $0.73 and a 200 day moving average price of $1.00. Altisource Portfolio Solutions has a fifty-two week low of $0.43 and a fifty-two week high of $3.17.

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.