Fidelity National Information Services (FIS): Price Target and June Short Interest Disclosure

Fidelity National Information Services (FIS) : 13 Wall Street analysts covering Fidelity National Information Services (FIS) believe that the average level the stock could reach for the short term is $81.08. The maximum price target given is $85 and the minimum target for short term is around $72, hence the standard deviation is calculated at $3.48.

Fidelity National Information Services (FIS), A rise of 193,148 shares or 5% was seen in the short interest of Fidelity National Information. Even as the interest increased from 3,901,857 shares on June 15,2016 to 4,095,005 shares on June 30,2016, the days to cover came in at 2. The updated interest stood at 1.4% of the stocks floats. The stock has seen an average daily volume of 2,702,267 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Major Brokerage house, Sterne Agee CRT upgrades its ratings on Fidelity National Information Services (NYSE:FIS). According to the latest information available, the shares are now rated Buy by the analysts at the agency. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on May 11, 2016.


Fidelity National Information Services (NYSE:FIS): On Thursdays trading session , Opening price of the stock was $77.54 with an intraday high of $77.75. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $76.85. However, the stock managed to close at $76.89, a loss of 0.32% for the day. On the previous day, the stock had closed at $77.14. The total traded volume of the day was 1,964,532 shares.

Fidelity National Information Services, Inc. is a provider of banking and payments technology, consulting and outsourcing solutions. The Company operates through four segments: Financial Solutions Group provides services and software to satisfy the processing, technology, and outsourcing needs of its financial institution clients in North America. Payment Solutions Group provides services and software for the electronic funds transfer, card processing, item processing, bill payment, and government payments processing needs of its clients in North America. International Solutions Group offers banking applications, channel solutions, debit/credit/and prepaid card and merchant services, wealth management services, item processing and check risk management solutions to financial institutions, card issuers, commercial enterprises and government operations. Corporate and Other consists of the corporate overhead and costs of leveraged functions that are not allocated to operating segments.

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