Innovative Solutions and Support, Inc. (NASDAQ:ISSC) Short Interest Up 25.2% in February

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Innovative Solutions and Support, Inc. (NASDAQ:ISSC) saw a 25.2% increase in short interest during February, reaching 660,079 shares, which represents about 3.9% of its outstanding shares and a days-to-cover ratio of 1.5 days. Institutional investors like Jane Street Group LLC and Connor Clark & Lunn Investment Management Ltd. have increased their stakes, while JPMorgan Chase & Co. and Thoroughbred Financial Services LLC initiated new positions. The company also surpassed quarterly earnings and revenue estimates and holds a “Strong Buy” consensus rating with a target price of $16.25 from analysts.

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