IMI plc (OTCMKTS:IMIAF) Sees Significant Decrease in Short Interest

IMI plc (OTCMKTS:IMIAFGet Free Report) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 33,337 shares, a decline of 58.2% from the November 30th total of 79,692 shares. Based on an average daily trading volume, of 2 shares, the short-interest ratio is presently 16,668.5 days. Based on an average daily trading volume, of 2 shares, the short-interest ratio is presently 16,668.5 days.

IMI Price Performance

Shares of IMIAF stock remained flat at $30.93 on Friday. IMI has a twelve month low of $22.30 and a twelve month high of $30.93. The stock’s 50-day moving average price is $30.92 and its 200-day moving average price is $29.74.

IMI Company Profile

(Get Free Report)

IMI plc (OTCMKTS: IMIAF) is a global engineering group specializing in the design, manufacture and servicing of fluid and motion control products. The company delivers advanced solutions for demanding applications in energy, transportation, infrastructure and industrial markets. Its portfolio encompasses valves, regulators, actuators and precision components engineered to optimise performance, reliability and safety across client operations.

Operations are organised into three core business segments: Critical Engineering, Precision Engineering and Hydronic Engineering.

Read More

Receive News & Ratings for IMI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IMI and related companies with MarketBeat.com's FREE daily email newsletter.