Integrated Media Technology Limited (NASDAQ:IMTE) Stock Short Interest Report for September

Integrated Media Technology Limited (NASDAQ:IMTE) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 36,790 shares, a growth of 170.1% from the September 15th total of 13,621 shares. Based on an average daily trading volume, of 24,761 shares, the days-to-cover ratio is presently 1.5 days. Currently, 1.1% of the company’s shares are sold short.

Integrated Media Technology Trading Down 3.2%

IMTE traded down $0.02 during trading on Wednesday, hitting $0.47. 6,175 shares of the stock traded hands, compared to its average volume of 503,972. The firm has a 50-day moving average of $0.49 and a 200 day moving average of $0.52. Integrated Media Technology has a 12-month low of $0.40 and a 12-month high of $1.34.

About Integrated Media Technology

Integrated Media Technology Limited is an Australia-based media and entertainment technology company. The company focuses on the development, marketing and distribution of products and solutions designed to deliver digital media content, including three-dimensional and autostereoscopic display technologies.

Its product and service offerings have included 3D display systems, digital signage and related digital media products for commercial, entertainment and other applications. The company has also been involved in developing and distributing content and technology intended to support 3D media experiences.

Integrated Media Technology has operated in Australia and has pursued business activities involving markets in Greater China and other parts of Asia.