IBEX Limited (NASDAQ:IBEX) Sees Significant Drop in Short Interest

Posted by Francis Steltz on Oct 14th, 2026

IBEX Limited (NASDAQ:IBEX – Get Free Report) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 187,730 shares, a decrease of 50.2% from the September 15th total of 377,282 shares. Based on an average daily trading volume, of 157,714 shares, the short-interest ratio is presently 1.2 days. Approximately 1.5% of the shares of the company are sold short.

IBEX Stock Performance

IBEX stock traded down $0.80 during trading hours on Wednesday, reaching $44.48. 48,435 shares of the stock were exchanged, compared to its average volume of 123,628. The stock has a market cap of $590.63 million, a P/E ratio of 14.22 and a beta of 0.69. IBEX has a 52-week low of $25.94 and a 52-week high of $45.84. The firm’s 50 day moving average is $39.66 and its 200 day moving average is $33.97.

IBEX (NASDAQ:IBEX – Get Free Report) last released its earnings results on Friday, September 11th. The company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.84 by $0.01. The company had revenue of $164.27 million during the quarter, compared to analysts’ expectations of $160.02 million. IBEX had a net margin of 7.19% and a return on equity of 28.96%.

Insiders Place Their Bets

In other news, insider Paul Inson sold 2,500 shares of the stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $40.07, for a total transaction of $100,175.00. Following the completion of the sale, the insider owned 27,224 shares in the company, valued at approximately $1,090,865.68. This represents a 8.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Julie Casteel sold 17,474 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $40.41, for a total value of $706,124.34. Following the transaction, the insider directly owned 100,814 shares in the company, valued at approximately $4,073,893.74. This represents a 14.77% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 97,465 shares of company stock valued at $3,882,291. 3.40% of the stock is owned by insiders.

Institutional Investors Weigh In On IBEX

Hedge funds have recently added to or reduced their stakes in the company. Tieton Capital Management LLC acquired a new position in IBEX in the 2nd quarter valued at about $8,353,000. Globeflex Capital L P purchased a new stake in IBEX in the second quarter valued at approximately $3,112,000. Y Intercept Hong Kong Ltd grew its holdings in IBEX by 121.8% in the first quarter. Y Intercept Hong Kong Ltd now owns 95,665 shares of the company’s stock valued at $2,566,000 after purchasing an additional 52,526 shares during the period. Lazard Asset Management LLC increased its position in IBEX by 55.2% during the first quarter. Lazard Asset Management LLC now owns 89,150 shares of the company’s stock worth $2,391,000 after purchasing an additional 31,697 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in IBEX by 7.5% during the first quarter. Dimensional Fund Advisors LP now owns 358,191 shares of the company’s stock worth $9,607,000 after purchasing an additional 24,942 shares during the last quarter. Institutional investors and hedge funds own 81.24% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on IBEX shares. Weiss Ratings upgraded IBEX from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday. Robert W. Baird boosted their target price on IBEX from $40.00 to $44.00 and gave the company a “neutral” rating in a report on Monday, September 28th. Finally, Wall Street Zen lowered IBEX from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 12th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $42.00.

Check Out Our Latest Analysis on IBEX

About IBEX

(Get Free Report)

IBEX Limited is a provider of business process outsourcing and customer experience solutions. The company helps brands manage customer interactions across voice, chat, email, social media and other digital channels, combining contact-center operations with technology, analytics and automation.

Its services include customer care, technical support, sales, revenue generation, back-office processing and trust and safety programs. IBEX also offers digital transformation and artificial intelligence-enabled tools intended to improve customer engagement, agent productivity and operational performance.

IBEX serves clients in industries such as communications, health care, retail, logistics, financial services and technology.