How Analysts Feel About Ituran Location and Control LTD. – Ordinary Shares (NASDAQ:ITRN) After Increase in Sellers?

Ituran Location and Control Ltd. (NASDAQ:ITRN) Logo

The stock of Ituran Location and Control LTD. – Ordinary Shares (NASDAQ:ITRN) registered an increase of 41.02% in short interest. ITRN’s total short interest was 179,100 shares in October as published by FINRA. Its up 41.02% from 127,000 shares, reported previously. With 68,300 shares average volume, it will take short sellers 3 days to cover their ITRN’s short positions. The short interest to Ituran Location and Control LTD. – Ordinary Shares’s float is 1.04%.

The stock increased 0.58% or $0.14 during the last trading session, reaching $24.2. About 38,591 shares traded. Ituran Location and Control Ltd. (NASDAQ:ITRN) has declined 14.68% since October 12, 2018 and is downtrending. It has underperformed by 14.68% the S&P500.

Ituran Location and Control Ltd., together with its subsidiaries, provides location services and wireless communications products in Israel, Brazil, Argentina, and the United States. The company has market cap of $509.20 million. The companyÂ’s Location-Based Services segment provides stolen vehicle recovery and tracking services, which enable to locate, track, and recover stolen vehicles for its subscribers; fleet management services that enable corporate and individual clients to track and manage their vehicles in real time; and personal locator services that allow clients to protect valuable merchandise and equipment. It has a 9.64 P/E ratio. This segment also offers on-demand navigation guidance, information, and assistance to its customers, such as the provision of traffic reports, help with directions, and information on the location of gas stations, car repair shops, post offices, hospitals, and other facilities, as well as Connect, a car service based on the Android platform, which provides access to Android market applications and to various services from car systems and remote communications.

More notable recent Ituran Location and Control Ltd. (NASDAQ:ITRN) news were published by: which released: “Did Hedge Funds Drop The Ball On Select Energy Services, Inc. (WTTR) ? – Yahoo Finance” on May 08, 2019, also with their article: “Ituran closes acquisition of Road Track Holdings – Seeking Alpha” published on September 14, 2018, published: “Ituran Location declares $0.40 dividend – Seeking Alpha” on February 27, 2017. More interesting news about Ituran Location and Control Ltd. (NASDAQ:ITRN) were released by: and their article: “Ituran Location and Control Ltd.’s (ITRN) CEO Eyal Sheratzky on Q1 2019 Results – Earnings Call Transcript – Seeking Alpha” published on May 21, 2019 as well as‘s news article titled: “It Might Not Be The Right Time For Ituran Yet – Seeking Alpha” with publication date: July 22, 2019.

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