Imperial Tobacco Group PLC (OTCMKTS:IMBBY – Get Free Report) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 14,507 shares, a decline of 91.9% from the July 15th total of 179,755 shares. Based on an average daily volume of 533,183 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.
Analyst Upgrades and Downgrades
Several research firms have commented on IMBBY. UBS Group lowered shares of Imperial Tobacco Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 15th. BTIG Research assumed coverage on shares of Imperial Tobacco Group in a research report on Wednesday, July 22nd. They issued a “neutral” rating on the stock. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.
View Our Latest Stock Report on Imperial Tobacco Group
Imperial Tobacco Group Trading Down 1.2%
About Imperial Tobacco Group
Imperial Tobacco Group, historically established in the United Kingdom in 1901 and now operating under the Imperial Brands name, is a multinational tobacco and nicotine company headquartered in Bristol, England. The company’s core business is the manufacture, marketing and sale of tobacco products and alternative nicotine offerings to adult consumers. It supplies products through a combination of owned channels and third-party distributors and focuses on managing an international portfolio of consumer tobacco and nicotine brands.
Product categories include manufactured cigarettes, cigars and fine-cut tobacco for roll-your-own use, together with a growing range of next-generation nicotine products such as vaping devices, heated tobacco and non-combustible nicotine formats that reflect a strategic shift toward reduced-risk alternatives.
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