International Distributions Services plc (OTCMKTS:ROYMF) Sees Significant Increase in Short Interest

International Distributions Services plc (OTCMKTS:ROYMF) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 618,300 shares, a growth of 59.3% from the December 31st total of 388,200 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

International Distributions Services Price Performance

ROYMF stock remained flat at $4.48 during midday trading on Friday. International Distributions Services has a 52 week low of $4.48 and a 52 week high of $4.50. The stock’s fifty day moving average is $4.47 and its two-hundred day moving average is $4.27.

International Distributions Services Company Profile

International Distribution Services plc, together with its subsidiaries, operates as a universal postal service provider in the United Kingdom and internationally. The company offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. It also provides services for the collection, sorting, and delivery of parcels and letters.